Doornfontein - MR439332

Commercial in Doornfontein, Johannesburg - CBD, Gauteng

R 24,900,000

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80
30
1890m2
Doornfontein - MR439332
Commercial in Doornfontein, Johannesburg - CBD, Gauteng
R 24,900,000
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Key Features

Rooms

  • 80 Bedrooms
  • 30 Bathrooms

Services

  • Rates and Taxes R20000

More Features

  • Property Type - Commercial
  • Seller Type - Private Property
  • Erf Size - 1890m2
  • Price per square erf meter - R13,175 per m2

MyRoof Stats

  • 107 Views
PID=439332 DID=463801 SID=1

Owner Asking R 29 000 0000

Considering Offers From R24 900 000

Unique opportunity to invest in student accommodation in the heartland of the UJ University emporium on the corner of Heights, Beit and Nind streets in Doornfontein, near the well know Ellis Park sports precinct!. Right next to the multimillion new Engineering faculty. This offer comprises of 4 consolidated properties totalling 1890 m2, of which:  

· 3 properties comprising of 11 street front retail premises, 400 m2 income producing nightclub and 60 student rooms on the first floor.  

· The fourth property in Nind street
comprises of 4 existing floors with a ground floor, mezzanine level, 4 en-suite bedroom penthouse and 20 newly built student nodes. 

Propertyhas 7 floor height zoning which is currently under development. This property has the potential to be further developed to approximately 10 080 m2 GLA .

A Captured Market on the doorstep, Dont delay call us now!


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