Commercial Property for Sale in Johannesburg Gauteng
Commercial Property for Sale in Johannesburg Gauteng
Commercial Property for Sale in Johannesburg Gauteng
Commercial Property for Sale in Johannesburg Gauteng
Commercial Property for Sale in Johannesburg Gauteng
Commercial Property for Sale in Johannesburg Gauteng
Commercial Property for Sale in Johannesburg Gauteng
Commercial Property for Sale in Johannesburg Gauteng
Commercial Property for Sale in Johannesburg Gauteng
Commercial Property for Sale in Johannesburg Gauteng
Commercial Property for Sale in Johannesburg Gauteng
Commercial Property for Sale in Johannesburg Gauteng
Commercial Property for Sale in Johannesburg Gauteng
R59 000 000
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Property features

  • R59 000 000

Property Details

High performing asset comprises of 93 residential apartments and 4 retail shops in the hustle and bustle area Joubert Park with a total GLA of 7640sqm. Operating at close to 100% occupancy with strong retail! A fully let residential element comprising of: Bachelors – 25 units 2 bed - 12 units 3 bed - 30 units 4 beds - 26 units Total rental income of R722 000 per month and escalations being achieved at 8%. All residential and retail have prepaid electricity meters. The property has a fully functional biometric access control system and the lifts are less than 2 years old.

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