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2,415m² Investment For Sale in Newtown

R4,500,000

146 LILLIAN NGOYI
Web Ref No DD2415FSNEW

GREAT INVESTMENT student accommodation potential in Newtown Johannesburg

This four-storey building, zoned Industrial 1, presents a rare opportunity in the heart of Newtown — one of Johannesburg’s most vibrant and culturally rich districts. The property boasts solid concrete construction and generous internal volumes, making it highly versatile for adaptive reuse. With its sturdy structure and ample floor space, it holds significant potential for conversion into student accommodation or mixed-use development.

A light revamp could transform this industrial gem into a sought-after student residence, capitalizing on the area’s proximity to major academic institutions, public transport, and retail amenities. Positioned in a high-demand node, the building offers strong investment appeal with long-term upside.

Features

Zoning Industrial
Monthly Rates R1.00pm Excl. VAT
Monthly Levy R1.00pm Excl. VAT
Floor Size 2,415m²
Floor Load (Tn/M2) 10.00
Land Size 518m²
Building Height 20m
Power Amps 60
Security Yes

Broker Contact Details

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