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Mayfair, Mayfair, Johannesburg, Gauteng
R 2 195 000
Prestige Investment Opportunity in Prime Mayfair - Four Semis on Two ERFs with Exceptional Development Potential (ZRES04) Introducing a rare and distinguished offering in the heart of Mayfair - a superb collection of four semi-detached residences, collectively positioned on two adjoining ERFs with a combined land size of 496 sqm. This is an investment of stature, perfectly merging timeless charm, strong existing returns, and remarkable future development potential. Each semi showcases a well-appointed layout, featuring: A warm and inviting lounge Two spacious bedrooms designed for comfortable living Bathroom with shower plus a separate toilet Kitchen with dining area, offering the feel of an open-plan dining/kitchen space A private backyard complete with storeroom and outside toilet A convenient back passage with rear exit access The property is fully tenanted, offering a seamless income-producing opportunity from day one. The location further enhances its appeal, with ample street-side parking, providing great accessibility for residents and visitors alike - a notable advantage in this high-demand neighbourhood. What truly sets this asset apart is its coveted ZRES04 zoning, unlocking exceptional development possibilities: Add additional storeys above the existing structures Redevelop into a contemporary multi-level residential building Create boutique apartments, student accommodation, or premium rental units Maximize density and elevate long-term returns Opportunities of this caliber - combining prime location, excellent income, and extraordinary redevelopment prospects - are exceptionally rare. Secure this outstanding Mayfair investment today and craft it into a landmark residential asset with unmatched potential. DORICEL (PTY) LTD trading as RE/MAX Superior (Mulbarton) operates in terms of a franchise agreement with RE/MAX of Southern Africa.
Estimated monthly repayment
R 20 728
on a R 1 975 500 bond over 20 years at 11.25%
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Mayfair, Mayfair, Johannesburg, Gauteng
Liivra AI market value
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Listed by
Lerato Mokoena
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