Commercial Property For Sale in New Doornfontein, Johannesburg

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Asking Price : R 36 500 000 (2 198 795 EUR*)

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Province:Gauteng City:Johannesburg Suburb:New Doornfontein Erf Size: ± 1038 m2 Floor Size: ± 5466m2

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This is for real investors. Not to be missed.

131 units Block of Flats with 1 Retail shop @ 12% Yield

Height: 7 floors

Land Size: 1038m2

Floor Size Per m2: 5466

Gross income: R517 956.49 PM

Expenses at 35%: R181 284.77

Total Net income: R336 671.72 PA

Zoning: General (Commerical)

Subsector: Student Res (Approved plans available)

it is situated within a 0.50m radius of all amenities.

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