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Dobsonville Ext 3, Dobsonville Ext 3, Soweto, Gauteng
R 1 614 600
Presenting an exceptional income-generating asset for the discerning investor — a rare opportunity to acquire a well-positioned 3-storey building with outstanding development potential and strong commercial appeal. Set on approximately 1,000 m² of business-zoned land, this impressive property comprises 27 self-contained studio apartments, thoughtfully designed to offer convenience, privacy, and modern functionality. Perfectly positioned on a prominent main road, the property enjoys excellent exposure, easy access to public transport, and strong appeal for both residential and hospitality-based accommodation. Each studio apartment measures approximately 30 m² and is fitted with a private shower and toilet, along with dual stove plates combining both gas and electric utility. The building is further enhanced by prepaid electricity meters in all units, high-speed Wi-Fi throughout, and 15 dedicated parking bays. This secure, low-maintenance 3-storey development also offers valuable peace of mind with approved building plans, a valid Gas Certificate of Compliance, and a valid Fire Certificate of Compliance already in place. A standout feature is the expansive outdoor patio area, which presents exciting scope for refinement and future expansion, including the potential to add 2 additional units. The property also includes a communal laundry area, adding to its practicality and tenant appeal. With its existing layout and strategic location, the property is ideally suited to the student accommodation sector. It also offers remarkable potential for transformation into a boutique hotel or premium hospitality concept, with the opportunity to create an elegant indoor dining area and a sophisticated rooftop entertainment space, subject to the necessary approvals. This is more than just a property purchase — it is an opportunity to secure a versatile, high-potential asset with immediate income prospects and long-term value enhancement. Enquire today to arrange your exclusive private viewing.
Estimated monthly repayment
R 15 247
on a R 1 453 140 bond over 20 years at 11.25%
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Dobsonville Ext 3, Dobsonville Ext 3, Soweto, Gauteng
Liivra AI market value
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Listed by
Pieter Fourie
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