Commercial Property for Sale in New Doornfontein Gauteng
Commercial Property for Sale in New Doornfontein Gauteng
Commercial Property for Sale in New Doornfontein Gauteng
Commercial Property for Sale in New Doornfontein Gauteng
R33 000 000
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Property features

  • R33 000 000

Property Details

Situated in New Doornfontein, Johannesburg, Aerial Empire is a high-potential mixed-use investment property offering a combination of residential and commercial spaces. Located in a thriving urban area, the property benefits from strong rental demand, proximity to public transport, and access to key amenities. With Business 1 zoning, this investment offers diverse income streams and the opportunity for further value enhancement. Property Features: - 56 Residential Units: - 6 Bachelor units (160 sqm each) - Rental: R6,500 per unit - 26 Bachelor units (40 sqm each) – Rental: R4,500 per unit - 6 One-bedroom units (50 sqm each) – Rental: R5,000 per unit - 17 Two-bedroom units (70 sqm each) – Rental: R6,200 per unit - 1 Commercial Unit (990 sqm) – Rental: R85,000 per month - Zoning: Business 1 Financial Overview (Expenses & Earnings) - Fixed Expenses: R482,400 annually - Variable Expenses: Includes management fees (5%), security, water, electricity, repairs, and maintenance Potential for strong rental returns with optimized management This well-located, high-yield investment offers a steady income stream with room for growth and capital appreciation. Don't miss this exceptional opportunity!

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