R1,600,000

Business for sale in Lorentzville

56 Derby Rd
244m²
447m²
Reduced
Commercial Property For Sale In Lorentzville

Introducing an extraordinary investment opportunity in the area - a property that holds immense potential for conversion into residential units. This is your chance to capitalize on the trend, as neighboring buildings have already been successfully transformed.

Situated in Lorentzville, this property boasts a prime location near the prestigious University of Johannesburg's Doornfontein campus and the UJ Bunting Campus. Additionally, it is conveniently positioned just a stone's throw away from the vibrant Maboneng Precinct, offering a plethora of amenities, entertainment options, and exciting opportunities.

Comprising of a three-story building, this property also features parking facilities at the front as well as underground parking. Its versatility makes it an ideal investment for both students and young professionals working in the CBD. With endless possibilities, this unique asset has the potential to significantly enhance your portfolio.

Don't miss out on this once-in-a-lifetime opportunity to secure a property with limitless perks and exceptional potential. Contact us now to seize this one-of-a-kind investment.

Property Type
Business
Stand Size
447m²
Building Size
244m²
Rates & Taxes
R4,420
Reference
2184415
Address
56 Derby Rd
Property history
Listed for sale at R1,600,000
30 Aug 2023
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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