BLOCK OF FLATS FOR SALE IN DOORNFONTEIN GOOD FOR STUDENT ACCOMMODATION CLOSE TO UJ FOR R 2 990 000

Prime income-producing investment near UJ Doornfontein and Joburg CBD, walking distance to campuses and transport hubs. 32-unit block with on-site tuck shop; current income R70k (R115k full).

CALLING INVESTERS FROM R 2 600 000

This block of flats consist of 32 unit, in which we have:

10 unit of 1 bedroom, kitchen, massive lounge and 1 bathroom

12 Bachelors unit with sharing bathrooms

10 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

Property history

Listed for sale at R3,200,000

20 Oct 2025

Price reduced by 6.6% to R2,990,000

08 Jan 2026

Area Overview

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.