R 33 000 000 | business property for sale in new doornfontein

Situated in New Doornfontein, Johannesburg, Aerial Empire is a high-potential mixed-use investment property offering a combination of residential and commercial spaces. Located in a thriving urban area, the property benefits from strong rental demand, proximity to public transport, and access to key amenities. With Business 1 zoning, this investment offers diverse income streams and the opportunity for further value enhancement. Property Features: - 56 Residential Units: - 6 Bachelor units (160 sqm each) - Rental: R6,500 per unit - 26 Bachelor units (40 sqm each) – Rental: R4,500 per unit - 6 One-bedroom units (50 sqm each) – Rental: R5,000 per unit - 17 Two-bedroom units (70 sqm each) – Rental: R6,200 per unit - 1 Commercial Unit (990 sqm) – Rental: R85,000 per month - Zoning: Business 1 Financial Overview (Expenses & Earnings) - Fixed Expenses: R482,400 annually - Variable Expenses: Includes management fees (5%), security, water, electricity, repairs, and maintenance Potential for strong rental returns with optimized management This well-located, high-yield investment offers a steady income stream with room for growth and capital appreciation. Don't miss this exceptional opportunity!