• 685.0 m2

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Mun. Rates & Taxes: ZAR 5000.00

Property description

Commercial Sale in Mayfair with 685 sqm Erf and Income

This commercial property in Mayfair, Johannesburg, sits on an erf of 685 square metres. The building is a double-storey brick structure with face brick walls and tiled walkways. Internally, the layout includes five three-bedroom units and one two-bedroom unit, with a converted ground floor co-sharing area now arranged as 20 rooms. The building offers a flexible mix of accommodation and office-style space for owners who want to keep or adapt the existing configuration.

The ground floor has been fitted out with tiled floors, clean wall finishes and lit corridors that suit day-to-day operations. Upper levels have balconies and windows, while the rear courtyard provides parking and access for vehicles. Several rooms are fitted with air conditioning units and the interiors are kept neat and functional. Overall, the building is presented in a practical condition that supports immediate use.

The total reported income is R60 000 per month, giving a clear starting point for investment analysis. The mix of unit sizes and the converted room count create scope for tenant variety and steady occupancy. The property also offers development potential for owners who wish to reconfigure the space further. Buyers should verify all income and occupancy details during due diligence.

Key Features

685 sqm erf size

Double-storey brick building

Five three-bedroom units

One two-bedroom unit

Ground floor converted into 20 rooms

Contact us today to arrange a viewing.

Property Details

Property Features