Apartment for sale
Income-focused investment steps from UJ Doornfontein and Joburg CBD, 35-unit block with on-site tuck shop and strong rental upside; 20 bedrooms, 16 bathrooms and 10 covered parking.
CALLING INVESTERS FROM R 2 400 000
This block of flats consist of 35 unit, in which we have:
11 unit of 1 bedroom, kitchen, massive lounge and 1 bathroom
16 Bachelors unit with sharing bathrooms
8 single bedroom with sharing bathrooms
There is also a tuck shop
currently the building is 55% occupied with a total income of R 70 000, if fully let the total income will be R 115 000
The building is 800m from UJ Doornfontein, and a walking distance to Joburg CBD
Easy access to public transport
Listed for sale at R2,750,000
Doornfontein is a vibrant, centrally located urban neighborhood that offers an accessible, fast-paced lifestyle for students and young professionals seeking proximity to Johannesburg's inner-city educational and commercial hubs.
