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60 Cnr de Korte and Bertha Street
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ICON BUILDING FOR SALE IN BRAAMFONTEIN - POTENTIAL STUDENT ACCOMMODATION/LOW INCOME RESIDENTIAL
Iconic Building for sale in Braamfontein
Situated within the EDUCATIONAL / INSTITUTIONAL and STUDENT hub of Braamfontein, south of the UNIVERSITY OF THE WITWATERSRAND and in close proximity to ROSEBANK COLLEGE: Braamfontein Campus
3 939.10m2 (Ground floor, 1st-6th floor, roof, basement)
Positioned amongst a diverse range of economic activity, close to transport nodes, schools, places of work and shopping facilities.
EXCELENT ROAD EXPOSURE
RE-DEVELOPMENT POTENTIAL
Student accommodation
Low income rental market
MARKETING OPPORTUNITY
Signage potential along the side and/or top of the building
Additional income stream.
Multi storey building offering seven floors from ground to sixth floor, plus a basement parking level.
The building footprint occupies the majority of the site. The design layouts are similar on all floors from ground to sixth. The Basement spans the entire extent of the site.
The property has additional features:
Steel security gates and burglar guards
Security cameras, alarm system and emergency lights installed strategically.
Basement parking level with automated steel roller shutter doors with additional steel sliding gate.
Two lifts
Fire safety equipment installed, firehoses, extinguishers, hydrants, sprinklers in basement.
Fire escape stairs.
All Fire safety has been recently services.
Split unit air-contioning consoles noted in certain areas of the building
High tension chambers in basement servicing a number of buildings in the area.
Heavy duty strong rooms in certain parts of the building
Business 1 - Zoning – ERF 4932
Business purposes, shops, residential building, Place of instruction. Social halls,
restaurant, car sales lot, motor showrooms, offices, public or private parking,
institutions, religious purposes, dwelling units, warehouse
The property is advantageously positioned on a corner site, allowing a building front on both De Korte Street and Bertha Street (Extension of Jan Smuts avenue to Nelson Mandela Bridge.
Situated just north of Johannesburg CBD, the suburb is the seat of the Constitutional Court and a number of major corporations and institutions such as Wits University, Liberty Holdings, JD Group, Sappi, Bidvest bank and Hollard.
The locality of buildings is surrounded by a mixture of commercial and medium to high density residential developments catering for the strong demand for Student accommodation ,due to its close proximity to WITS UNIVERVISITY as well as Affordable rental accommodation, for the work force active in the area.
Bertha street is a key connector road providing access to the M1 Highway(North) and to the JHB CBD (South). Smit street provides additional off-ramps to the M1 highway.
Transport modalities such as Gautrain Station, Park station and the Wanderers Taxi Rand, is available
INVESTMENT OPPORTUNITY NOT TO BE MISSED
Situated within the EDUCATIONAL / INSTITUTIONAL and STUDENT hub of Braamfontein, south of the UNIVERSITY OF THE WITWATERSRAND and in close proximity to ROSEBANK COLLEGE: Braamfontein Campus
3 939.10m2 (Ground floor, 1st-6th floor, roof, basement)
Positioned amongst a diverse range of economic activity, close to transport nodes, schools, places of work and shopping facilities.
EXCELENT ROAD EXPOSURE
RE-DEVELOPMENT POTENTIAL
Student accommodation
Low income rental market
MARKETING OPPORTUNITY
Signage potential along the side and/or top of the building
Additional income stream.
Multi storey building offering seven floors from ground to sixth floor, plus a basement parking level.
The building footprint occupies the majority of the site. The design layouts are similar on all floors from ground to sixth. The Basement spans the entire extent of the site.
The property has additional features:
Steel security gates and burglar guards
Security cameras, alarm system and emergency lights installed strategically.
Basement parking level with automated steel roller shutter doors with additional steel sliding gate.
Two lifts
Fire safety equipment installed, firehoses, extinguishers, hydrants, sprinklers in basement.
Fire escape stairs.
All Fire safety has been recently services.
Split unit air-contioning consoles noted in certain areas of the building
High tension chambers in basement servicing a number of buildings in the area.
Heavy duty strong rooms in certain parts of the building
Business 1 - Zoning – ERF 4932
Business purposes, shops, residential building, Place of instruction. Social halls,
restaurant, car sales lot, motor showrooms, offices, public or private parking,
institutions, religious purposes, dwelling units, warehouse
The property is advantageously positioned on a corner site, allowing a building front on both De Korte Street and Bertha Street (Extension of Jan Smuts avenue to Nelson Mandela Bridge.
Situated just north of Johannesburg CBD, the suburb is the seat of the Constitutional Court and a number of major corporations and institutions such as Wits University, Liberty Holdings, JD Group, Sappi, Bidvest bank and Hollard.
The locality of buildings is surrounded by a mixture of commercial and medium to high density residential developments catering for the strong demand for Student accommodation ,due to its close proximity to WITS UNIVERVISITY as well as Affordable rental accommodation, for the work force active in the area.
Bertha street is a key connector road providing access to the M1 Highway(North) and to the JHB CBD (South). Smit street provides additional off-ramps to the M1 highway.
Transport modalities such as Gautrain Station, Park station and the Wanderers Taxi Rand, is available
INVESTMENT OPPORTUNITY NOT TO BE MISSED
Features
Zoning
Commercial
Title
Freehold
Interior
Air Conditioning
Yes
Exterior
Security
No
Sizes
Floor Size
3,939.10m²
Land Size
553m²
