2 850 m² Commercial space in New Doornfontein

For the Serious Investor - Perfect Investment Opportunity for Student Accommodation in New Doornfontein!!!

Presenting a prime multi-use commercial property with high exposure in the heart of New Doornfontein. This property offers an unparalleled investment opportunity, particularly suited for student accommodation.

Location: New Doornfontein

Stand Size: 4000 sqm

Accessibility: Direct access off and onto the M31 / Joe Slovo Drive

Proximity: Near Ellis Park Stadium, Ellis Park Arena, and Standard Bank Arena

Nearby Facilities: Close to the University of Johannesburg, Doornfontein Campus, and Johannesburg CBD

Key Features

Type: Student Accommodation / Multi-Use Commercial Property

Exposure: High, with direct access to M31 / Joe Slovo Drive

Properties: 6 properties spanning across 4 streets

Services: All essential services in close proximity

Financials

Current Rental Income: Approximately R160,000 per month

Yield: Current yield of 12-13%, with potential to increase up to 15%+

Investment Potential

This property is an excellent opportunity for a serious investor, given its strategic location and the potential for student accommodation. The proximity to the University of Johannesburg and essential services makes it highly convenient. The current rental income provides a solid yield, with potential for further growth.

Don''t miss out on this great investment opportunity call Piero or Anesh today to view and get more information!!!

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