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Commercial Property For Sale in Johannesburg

123 Beacon, Johannesburg, Gauteng, South Africa
R 25000000
RunningCosts Bond
Costs
Property Type Commercial
Erf Size NA
Levies R 0
Listing Date August 20, 2024
Floor Size 10388 m2
Rates and Taxes R 0
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Property description

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

This expansive property spans 10,388 square meters and is zoned for 870 residential units, providing ample opportunity to meet the city's housing needs. Residents will enjoy the convenience of 292 covered 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.

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