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Invest in vibrant Troyeville living—ideal for student or boutique accommodation near the university and inner-city amenities, featuring 42 self-contained units and 30 communal lounges.
An Exceptional Commercial Investment Opportunity Awaits in Vibrant Troyeville!
Discover a property of immense potential and scale with this versatile commercial offering located in the heart of Troyeville. Boasting an expansive ERF size of 3200 m2 and a substantial floor area of 2803 m2, this property is a strategic asset for the astute investor seeking diverse income streams and long-term growth.
This remarkable complex is perfectly configured for a multitude of commercial ventures, making it an ideal choice for a sophisticated Guesthouse, Boutique Hotel, Student Accommodation, Shared Living complex, or even a dedicated Retirement Living facility. Its design also lends itself to a secure multi-unit Complex or a robust Security Complex, catering to the burgeoning needs of the University College Community and beyond.
The property features a rare and highly functional layout comprising 42 individual units. Each of these self-contained units is thoughtfully designed with its own semi open-plan kitchen, providing residents with convenience and independence. While listed with 1 bedroom, the true strength lies in its 42 units, each providing distinct living spaces, amply supported by an impressive 45 bathrooms servicing the entire complex. Further enhancing the communal living experience are 30 spacious lounges, offering abundant shared spaces for relaxation and interaction.
Architecturally, the building presents a harmonious blend of Open Plan, Conventional, and Classical styles, appealing to a broad demographic. The exterior is finished with durable plaster, complemented by modern Aluminium Window Options for energy efficiency and aesthetic appeal. Security is prioritized with robust security gates ensuring peace of mind for all occupants.
With its significant size, flexible layout, and strategic location in Troyeville, this property stands as an unparalleled opportunity to establish a thriving commercial enterprise or expand an existing portfolio. Tap into its vast potential and unlock a future of prosperity.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R13,030,999
Troyeville is a historic, bohemian suburb known for its eclectic Victorian architecture, vibrant artistic community, and convenient proximity to the Johannesburg inner city and major transit routes.
* Distances and amenities are approximate.
