R 17 500 000 | investment property for sale in houghton estate

Strategic Commercial Asset in a Blue-Chip Node   This substantial ±3 965 m² freehold commercial property situated at 37 11th Avenue, Houghton Estate, Gauteng presents a rare opportunity to acquire a well-located, income-generating asset in one of Johannesburg’s most established commercial and residential precincts. The property is zoned Special Use and improved with a 2-storey commercial building, engineered for future vertical expansion.   Currently offering short-term holding income with month-to-month tenants in place, this asset provides immediate cash flow while preserving long-term redevelopment or owner-occupation upside.   Ideal For: Commercial Property Investors Owner-Occupiers Seeking a Secure HQ Developers Looking for Future Densification Medical, Professional, Institutional or Mixed-Use Buyers   Property Highlights: Erf Size: ±3 965 m² (Freehold) Zoning: Special Use 2-Storey Commercial Improvements Engineered for a 3rd Storey (Subject to approvals) Offices, Boardrooms, Reception Areas & Amenities ±600 m² Warehouse Component ±600 m² Showroom Component Secure Strong Rooms & Storage Areas Immediate Holding Income ±R30 000 p.m. Prepaid Electricity Rates & Taxes: ±R37 500 p.m.   Prime Location: Centrally positioned in Houghton Estate, with easy access to Rosebank, Norwood, major arterials, medical nodes, and public transport routes.   OFFERS FROM R17 500 000 WELCOME!   PROPERTY REFERENCE: DP2936   FOR MORE INFO, CONTACT US!   “Information provided as received from Seller. Neither the Agent nor the Seller warrants or guarantees the correctness of any information provided whatsoever. T&Cs apply.”   #HoughtonEstate #CommercialProperty #RedevelopmentOpportunity #InvestmentProperty #JohannesburgCommercial #DynamicRealEstate #SpecialUseZoning #PropertyInvestmentSA