Property description
Residential Block for Sale – Fordsburg, Johannesburg
Positioned in a quiet street directly opposite the iconic Oriental Plaza, this well-maintained, face brick building offers an exceptional investment opportunity in the heart of Fordsburg.
This maintenance-free property spans 5 floors (including ground floor) and provides versatile usage options—ideal for investors, business owners, or those looking to convert into an upmarket residential development.
Property Features:
Ground Floor:
±500 sqm retail space
2 undercover parking bays
1st & 2nd Floors (6 units total):
Each floor consists of:
2 x spacious 3-bedroom units
1 bathroom per unit
Open-plan lounge and dining area
Fully fitted kitchen
1 x bachelor flat per floor
3rd & 4th Floors (combined unit):
8 bedrooms
4 bathrooms
2 dining areas
3 kitchens
2 lounges
Entertainment area
Option to subdivide into 3 separate units
Additional Features:
Total of 9 residential units
Lift access to all floors
Electricity individually metered
ERF size: 493 sqm
Rates: ± R6 000 per month
Investment Potential:
This property offers excellent rental income potential and flexibility:
Ideal for long-term or short-term letting
Suitable for conversion into luxury apartments or student accommodation
Perfect for mixed-use (residential + commercial) development
Please contact Deetesh Ranchod for a viewing.
- Security Features
Location rating
Nearby Transport
Nearby Education
Nearby Other
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Repayment Costs
Monthly Total
Mortgage
Purchase price
Deposit 10%
RPayment term
20 yearsInterest rate
11.5%Your payment
R / mo.
