R4,500,000
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
Interior
Floor Loading Cap.
10 Tn/m²
Power Amps
60
Exterior
Security
Yes
Sizes
Floor Size
2,415m²
Land Size
518m²
Building Height
20m
Newtown, Johannesburg
Aeroport: The Industrial Powerhouse of the East Rand
Aeroport stands out as an industrial hub due to a combination of strategic advantages that make it an ideal location for businesses seeking to expand or relocate. The area's proximity to major highways, the airport, and public transport services ensures businesses can efficiently transport goods and employees without logistical challenges.
With a mix of...
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Disclaimer: While every effort will be made to ensure that the information contained within the Newpoint Property Group website is accurate and up to date, Newpoint Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.