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R 32 000 000
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*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. Property24 does not accept liability for any damages arising from the use of this calculator.

Commercial Property for Sale in New Doornfontein

New Doornfontein, Johannesburg
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  • Floor Size 8 000 m²
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Bulelani Mageza

Incredible Student Accommodation Opportunity near University of Johannesburg

This is a once in a lifetime investment opportunity to capitalise on an established building that is ready and able to cater for student accommodation. With its close proximity to the University of Johannesburg's Doornfontein campus (750m distance) and the UJ Bunting Campus (5km), the property presents endless perks for the prospective buyer/s. Located in New Doornfontein, the building is a stones throw away from the Maboneng Precinct with its numerous array of amenities, opportunities and entertainment options. The building has been set up accommodate UJ Students based on the off campus accommodation regulations - DHET Minimum Norms and Standards. There are also a number of tertiary education institutions and colleges close by. The building comprises 3 unit types: 1 Bedroom, 2 Bedroom and 4 Bedroom Units. The units all have their own bathrooms and kitchenettes. A...

This is a once in a lifetime investment opportunity to capitalise on an established building that is ready and able to cater for student accommodation. With its close proximity to the University of Johannesburg's Doornfontein campus (750m distance) and the UJ Bunting Campus (5km), the property presents endless perks for the prospective buyer/s. Located in New Doornfontein, the building is a stones throw away from the Maboneng Precinct with its numerous array of amenities, opportunities and entertainment options. The building has been set up accommodate UJ Students based on the off campus accommodation regulations - DHET Minimum Norms and Standards. There are also a number of tertiary education institutions and colleges close by. The building comprises 3 unit types: 1 Bedroom, 2 Bedroom and 4 Bedroom Units. The units all have their own bathrooms and kitchenettes. A grand total of up to 450 beds can fit into this accommodation, with a total of 131 lettable units. This in itself is an irresistable opportunity for any prospective investor. The building features are listed below:

Features:

A 7 Storey Building with a Roof Terrace and Views of the JHB CBD

Total of 8000 Under Roof Square Meters

32 x 1 Bedroom Units

92 x 2 Bedroom Units

7 x 4 Bedroom Units:

Underground Parking

This 7 storey building, has a roof terrace with a breath taking view of the Joburg CBD skyline, giving students a spectacular recreational experience, place for them to take it easy and relax. The terrace presents an array of opportunities for the prospective owner/s of the building to create more value and general amenity provisions. There is also an entertainment hall on the first floor of the building which could be used as an internet cafe with various support systems for the students to use. Whether it be students, workers in the CBD or young professionals, the opportunities in this building are endless! We'd be more than happy to help you boost your portfolio with this special offer of an investment. Enquire for more details and to set up a private viewing of the building.

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Listing number: P24-114775563, Image number: 1
Listing number: P24-114775563, Image number: 2
Listing number: P24-114775563, Image number: 3
Listing number: P24-114775563, Image number: 4
Listing number: P24-114775563, Image number: 5
Listing number: P24-114775563, Image number: 6
Listing number: P24-114775563, Image number: 7
Listing number: P24-114775563, Image number: 8
Listing number: P24-114775563, Image number: 9
Property Overview
Listing Number
114775563
Type of Property
Commercial Property
Lifestyle
Metropolitan, Student Accommodation
Listing Date
09 August 2024
Erf Size
1 038 m²
Floor Size
8000 m²
Pets Allowed
No
Bedrooms
244
Bedroom 1
Bedroom 2
Bedroom 3
Bedroom 4
Bedroom 5
Bedroom 6
Bedroom 7
Bedroom 8
Bedroom 9
Bedroom 10
Bedroom 11
Bedroom 12
Bedroom 13
Bedroom 14
Bedroom 15
Bedroom 16
Bedroom 17
Bedroom 18
Bedroom 19
Bedroom 20
Bedroom 21
Bedroom 22
Bedroom 23
Bedroom 24
Bedroom 25
Bedroom 26
Bedroom 27
Bedroom 28
Bedroom 29
Bedroom 30
Bedroom 31
Bedroom 32
Bedroom 33
Bedroom 34
Bedroom 35
Bedroom 36
Bedroom 37
Bedroom 38
Bedroom 39
Bedroom 40
Bedroom 41
Bedroom 42
Bedroom 43
Bedroom 44
Bedroom 45
Bedroom 46
Bedroom 47
Bedroom 48
Bedroom 49
Bedroom 50
Bedroom 51
Bedroom 52
Bedroom 53
Bedroom 54
Bedroom 55
Bedroom 56
Bedroom 57
Bedroom 58
Bedroom 59
Bedroom 60
Bedroom 61
Bedroom 62
Bedroom 63
Bedroom 64
Bedroom 65
Bedroom 66
Bedroom 67
Bedroom 68
Bedroom 69
Bedroom 70
Bedroom 71
Bedroom 72
Bedroom 73
Bedroom 74
Bedroom 75
Bedroom 76
Bedroom 77
Bedroom 78
Bedroom 79
Bedroom 80
Bedroom 81
Bedroom 82
Bedroom 83
Bedroom 84
Bedroom 85
Bedroom 86
Bedroom 87
Bedroom 88
Bedroom 89
Bedroom 90
Bedroom 91
Bedroom 92
Bedroom 93
Bedroom 94
Bedroom 95
Bedroom 96
Bedroom 97
Bedroom 98
Bedroom 99
Bedroom 100
Bedroom 101
Bedroom 102
Bedroom 103
Bedroom 104
Bedroom 105
Bedroom 106
Bedroom 107
Bedroom 108
Bedroom 109
Bedroom 110
Bedroom 111
Bedroom 112
Bedroom 113
Bedroom 114
Bedroom 115
Bedroom 116
Bedroom 117
Bedroom 118
Bedroom 119
Bedroom 120
Bedroom 121
Bedroom 122
Bedroom 123
Bedroom 124
Bedroom 125
Bedroom 126
Bedroom 127
Bedroom 128
Bedroom 129
Bedroom 130
Bedroom 131
Bedroom 132
Bedroom 133
Bedroom 134
Bedroom 135
Bedroom 136
Bedroom 137
Bedroom 138
Bedroom 139
Bedroom 140
Bedroom 141
Bedroom 142
Bedroom 143
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Bedroom 145
Bedroom 146
Bedroom 147
Bedroom 148
Bedroom 149
Bedroom 150
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Bedroom 152
Bedroom 153
Bedroom 154
Bedroom 155
Bedroom 156
Bedroom 157
Bedroom 158
Bedroom 159
Bedroom 160
Bedroom 161
Bedroom 162
Bedroom 163
Bedroom 164
Bedroom 165
Bedroom 166
Bedroom 167
Bedroom 168
Bedroom 169
Bedroom 170
Bedroom 171
Bedroom 172
Bedroom 173
Bedroom 174
Bedroom 175
Bedroom 176
Bedroom 177
Bedroom 178
Bedroom 179
Bedroom 180
Bedroom 181
Bedroom 182
Bedroom 183
Bedroom 184
Bedroom 185
Bedroom 186
Bedroom 187
Bedroom 188
Bedroom 189
Bedroom 190
Bedroom 191
Bedroom 192
Bedroom 193
Bedroom 194
Bedroom 195
Bedroom 196
Bedroom 197
Bedroom 198
Bedroom 199
Bedroom 200
Bedroom 201
Bedroom 202
Bedroom 203
Bedroom 204
Bedroom 205
Bedroom 206
Bedroom 207
Bedroom 208
Bedroom 209
Bedroom 210
Bedroom 211
Bedroom 212
Bedroom 213
Bedroom 214
Bedroom 215
Bedroom 216
Bedroom 217
Bedroom 218
Bedroom 219
Bedroom 220
Bedroom 221
Bedroom 222
Bedroom 223
Bedroom 224
Bedroom 225
Bedroom 226
Bedroom 227
Bedroom 228
Bedroom 229
Bedroom 230
Bedroom 231
Bedroom 232
Bedroom 233
Bedroom 234
Bedroom 235
Bedroom 236
Bedroom 237
Bedroom 238
Bedroom 239
Bedroom 240
Bedroom 241
Bedroom 242
Bedroom 243
Bedroom 244
Bathrooms
131
Kitchens
131
Parking
50
Outside Areas
1
Roof
Building Grading
B Grade
Multi Tenanted
Yes
Standalone Building
Yes
Number of floors
7
Security
Security
Electric Garage, Alarm System, Intercom, Closed Circuit TV, Burglar Bars, Guard House, Guard
Nearby Public Transport
Bus, Train, Minibus Taxi
Internet Access
ADSL
Backup Water
Yes
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Bond Calculator

R
R
%
years
Monthly Repayment:
Total Once-off Costs:
Min Gross Monthly Income:
View Breakdown
What do I qualify for based on my income?
What are the bond and transfer costs?
*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. Property24 does not accept liability for any damages arising from the use of this calculator.
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(* Please enter phone number so the agent can contact you.)
By continuing I understand and agree with
Property24's Terms & Conditions and Privacy Policy.

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