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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

DAZZLE REALTORS PTY LTD trading as REMAX Dazzle Boksburg operates in terms of a franchise agreement with REMAX of Southern Africa.

Property details

  • Listing number T5676784
  • Property type Apartment
  • Listing date 2 Nov 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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