$624,215

Residential Block For Sale – Fordsburg, Johannesburg

  • 9 Beds
  • 7 Baths
  • 5,307 Sqft lot
  • Updated: April 15
  • 9
    Views for last 30 days
  • 5

About the Property

Residential Block for Sale – Fordsburg, Johannesburg

Positioned in a quiet street directly opposite the iconic Oriental Plaza, this well-maintained, face brick building offers an exceptional investment opportunity in the heart of Fordsburg.

This maintenance-free property spans 5 floors (including ground floor) and provides versatile usage options—ideal for investors, business own
Residential Block for Sale – Fordsburg, Johannesburg

Positioned in a quiet street directly opposite the iconic Oriental Plaza, this well-maintained, face brick building offers an exceptional investment opportunity in the heart of Fordsburg.

This maintenance-free property spans 5 floors (including ground floor) and provides versatile usage options—ideal for investors, business owners, or those looking to convert into an upmarket residential development.

Property Features:
Ground Floor:

±500 sqm retail space

2 undercover parking bays

1st & 2nd Floors (6 units total):

Each floor consists of:

2 x spacious 3-bedroom units

1 bathroom per unit

Open-plan lounge and dining area

Fully fitted kitchen

1 x bachelor flat per floor

3rd & 4th Floors (combined unit):

8 bedrooms

4 bathrooms

2 dining areas

3 kitchens

2 lounges

Entertainment area

Option to subdivide into 3 separate units

Additional Features:
Total of 9 residential units

Lift access to all floors

Electricity individually metered

ERF size: 493 sqm

Rates: ± R6 000 per month

Investment Potential:
This property offers excellent rental income potential and flexibility:

Ideal for long-term or short-term letting

Suitable for conversion into luxury apartments or student accommodation

Perfect for mixed-use (residential + commercial) development

Please contact Deetesh Ranchod for a viewing.
  • Property type

    Apartment

Features

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Cottesloe, Gauteng, South Africa View on Google Maps
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Lencar Exclusive Properties
South Africa
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28
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2024
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Lencar Exclusive Properties
South Africa
View agency profile
Last updated
April 15
First listed
Apr 10
Listing reference
RL2866
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