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777 Pine Avunue, Fordsburg, Johannesburg, Gauteng
R 9 999 000
Residential Block for Sale – Fordsburg, Johannesburg Positioned in a quiet street directly opposite the iconic Oriental Plaza, this well-maintained, face brick building offers an exceptional investment opportunity in the heart of Fordsburg. This maintenance-free property spans 5 floors (including ground floor) and provides versatile usage options—ideal for investors, business owners, or those looking to convert into an upmarket residential development. Property Features: Ground Floor: ±500 sqm retail space 2 undercover parking bays 1st & 2nd Floors (6 units total): Each floor consists of: 2 x spacious 3-bedroom units 1 bathroom per unit Open-plan lounge and dining area Fully fitted kitchen 1 x bachelor flat per floor 3rd & 4th Floors (combined unit): 8 bedrooms 4 bathrooms 2 dining areas 3 kitchens 2 lounges Entertainment area Option to subdivide into 3 separate units Additional Features: Total of 9 residential units Lift access to all floors Electricity individually metered ERF size: 493 sqm Rates: ± R6 000 per month Investment Potential: This property offers excellent rental income potential and flexibility: Ideal for long-term or short-term letting Suitable for conversion into luxury apartments or student accommodation Perfect for mixed-use (residential + commercial) development Please contact Deetesh Ranchod for a viewing.
Estimated monthly repayment
R 94 424
on a R 8 999 100 bond over 20 years at 11.25%
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777 Pine Avunue, Fordsburg, Johannesburg, Gauteng
Listed by
Siya Dlamini
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