R 2 395 000
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4 Bedroom Apartment in Mayfair West

4 4 4 248 m²

INVESTMENT OPPORTUNITY | MULTI-USE BUILDING FOR SALE IN MAYFAIR

Team HomeWorth - ReMax Superior proudly present this exceptional multi-use investment property situated in the heart of Mayfair, directly opposite Nizamiye School Mayfair, offering excellent potential for investors, student accommodation, teacher accommodation, or long-term residential rentals.

This well-positioned building comprises 4 self-contained apartment units, making it an ideal income-generating property with strong rental demand due to its proximity to schools, places of worship, public transport, and essential amenities.

Property Features:

4 Apartment Units

2 Apartments on the Ground Floor

2 Apartments on the Upper Floor

Each Apartment Offers:

1 Spacious Bedroom

1 Bathroom

Functional Kitchen

Open-Plan Lounge and Dining Area

Private Balcony

Well-Proportioned Living Spaces

Separate Utility Connections Potential

Parking:

Secure parking available within the property on one side of the building

Additional street parking available for residents and visitors

Residential 4 R4 Zoning

This property benefits from Residential 4 R4 zoning rights, allowing for higher-density residential use. The existing double-storey building comprises four self-contained apartment units, perfectly aligned with its zoning designation, making it an attractive and compliant investment opportunity for rental accommodation and multi-tenant occupancy.

Ideal For:

Property Investors seeking strong rental returns

Student Accommodation

Teacher Accommodation

School Staff Housing

Parents requiring accommodation close to their children''s school

Long-Term Residential Rentals

Multi-Tenant Investment Portfolio

Prime Mayfair Location

Located in one of Johannesburg''s most established suburbs, this property enjoys excellent accessibility and convenience.

Nearby Amenities Include:

Nizamiye School Mayfair directly opposite the property

Various Primary and Secondary Schools

Mosques and Religious Facilities

Shopping Centres and Retail Stores

Medical Centres and Pharmacies

Restaurants and Takeaways

Public Transport Routes

Easy Access to Main Roads and Highways

Banks and Essential Services

The strategic location ensures a constant demand for rental accommodation from teachers, school staff, students, parents, and working professionals seeking convenience and accessibility.

Whether you are looking to expand your investment portfolio or secure a property with excellent income-generating potential, this multi-unit building presents an outstanding opportunity in a highly sought-after area.

Don''t miss this rare investment opportunity in Mayfair.

contact Team HomeWorth - ReMax Superior to book viewings

DORICEL PTY LTD trading as REMAX Superior Mulbarton operates in terms of a franchise agreement with REMAX of Southern Africa.

Property details

  • Listing number T5513183
  • Property type Apartment
  • Listing date 8 Jun 2026
  • Land size 248 m²
  • Rates and taxes R 1 500

Property features

  • Bedrooms 4
  • Bathrooms 4
  • Lounges 4
  • Dining areas 4
  • Open parking 4
  • Access gate
  • Balcony

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