NEW
Web Ref CL78222
24,272m² Multi-Tenanted Building For Sale in Marshalltown
This exceptional investment opportunity in Marshalltown comprises a multi-tenanted building spanning approximately 24,272m² across 8 floors on a 3,034m² stand. The property enjoys access from multiple streets, including Pixley Ka Isaka Seme Street, Fox Street, and Maclaren Street, providing excellent accessibility within Johannesburg's CBD.
The building is well maintained and fully tenanted with a mix of commercial and residential occupants. A post office occupies the ground floor, while residential accommodation is located on the second and fourth floors, creating a diverse income-generating asset. The property's strategic location near the courts and other key civic amenities further enhances its appeal.
The property is zoned Business 1: General, with a Floor Area Ratio (F.A.R.) of 4.0 and 100% coverage, offering significant flexibility and future development potential.
Offered for sale at R27.5 million, this prominent Marshalltown property presents an excellent opportunity for investors seeking a substantial mixed-use asset in the heart of Johannesburg's commercial district.
The building is well maintained and fully tenanted with a mix of commercial and residential occupants. A post office occupies the ground floor, while residential accommodation is located on the second and fourth floors, creating a diverse income-generating asset. The property's strategic location near the courts and other key civic amenities further enhances its appeal.
The property is zoned Business 1: General, with a Floor Area Ratio (F.A.R.) of 4.0 and 100% coverage, offering significant flexibility and future development potential.
Offered for sale at R27.5 million, this prominent Marshalltown property presents an excellent opportunity for investors seeking a substantial mixed-use asset in the heart of Johannesburg's commercial district.
Features
Zoning
Commercial
Title
Freehold
Exterior
Security
No
Sizes
Floor Size
24,272m²
Land Size
3,034m²
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Banakhumo Molefe
Candidate Property Practitioner Registered with PPRA(FFC 1212494) Show number View my listings WhatsApp