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R75,000,000
$4,100,325
£3,164,175
€3,783,900

Business for sale in New Doornfontein

44,161m²
Great Conversion Opportunity

The demand for student and residential accommodation in Johannesburg’s CBD and surrounds continues to soar. In response to this growing need, the Johannesburg City Council is fully backing the transformation of this eleven-storey building into affordable student accommodation or residential living spaces.

The property spans 44,161 square meters and is zoned for 871 units with 292 basement parking bays, ensuring secure and accessible parking options.

The building also has boiler rooms, lifts, staff quarters, ground floor shops and restaurants, fibre and 24-hour security.

Property Type
Business
Building Size
44,161m²
Reference
2374255
Estimated monthly costs
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R774,141
Home loan repayment
R774,141
Utilities
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R0
Property history
Listed for sale at R75,000,000
27 Mar 2025
Get to know Johannesburg
Johannesburg is known by various names just as diverse as the residents - Jozi, Jo’burg, Joeys, eGoli. From its humble beginning as a mining town, Johannesburg has evolved into a buzzing urban hub of activity. From high rises dotting the skyline to leafy suburbs with sprawling properties, the city reflects the history of its growth and major events in Southern African history.
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