R59,000,000

R59,000,000

7,640m² Office For Sale in Johannesburg Central
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High Performing Building in Johannesburg CBD High-rise.

Web Ref. MMC118
Floor size 7640.00 m²
Monthly Bond Repayment
R528,699.76
High-performing asset comprises of 93 residential apartments and 4 retail shops in the hustle and bustle area Joubert Park with a total GLA of 7640sqm.

Operating at close to 100% occupancy with strong retail!

A fully let residential element comprising of:
Bachelors - 25 units
2 bed - 12 units
3 bed - 30 units
4 beds - 26 units

Total rental income of R722 000 per month and escalations being achieved at 8%.

All residential and retail have prepaid electricity meters.

The property has a fully functional biometric access control system and the lifts are less than 2 years old.

Features

Zoning
Commercial
Sizes
Floor Size 7,640 m²
Listing Info
Date Listed 29-09-25
Time Listed 07:40

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