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R2,500,000

Monthly Bond Repayment R25,804.71
Calculated over 20 years at 11% with no deposit. Change Assumptions

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Monthly Rates
R1,700

Prime Position Opposite Balfour Park – Multi-Use Property with Incredible Visibility

Situated directly opposite the bustling and well-known Balfour Park Shopping Centre, this standout property offers exceptional exposure in one of Johannesburg’s most active transport and retail hubs. With high foot traffic, excellent accessibility, and unrivalled visibility, this site is a rare opportunity for entrepreneurs, service businesses, or developers looking to capitalise on an unbeatable position.

Currently Used as Low-Grade Offices & show rooms – Redevelopment Potential
Although not zoned for office rights, the property has functioned as service-industry offices for several years. The retiring owner is now offering this versatile site to the market, opening the door for a new owner to reimagine its use — whether as a live-work space, private business premises, or a full redevelopment project (subject to council approval).

Property Breakdown – Three Buildings with Flexible Spaces
Main House
• Multiple interleading rooms
• Several rooms currently used as showrooms or offices
• Full kitchen
• Bathroom facilities

Converted Garage & Outbuildings
• Former garage and staff quarters now operating as a hair salon
• Separate access options for multiple uses

Double-Storey Rear Building
• Freestanding two-level structure at the back of the property
• Ideal for Religious purposes such as a small church congregation

Key Features:
• Strategic position opposite Balfour Park Shopping Centre
• Three separate buildings for flexible use
• High exposure for signage and branding
• Easy access to major transport routes
• Ideal for service-based businesses or potential redevelopment
• Secure off-street parking

Summary
The value here lies in the position — a high-demand node where commercial and residential zones intersect. Whether you’re looking to run your own operation, lease out multiple spaces, or redevelop in line with the area’s upward momentum, this property is a golden opportunity.

**Serious seller – all offers will be presented.

Erf Size 772 m²
Rates and Taxes R1 700
Asking Price R 2 500 000

Features

12
4
Interior
Bedrooms
12
Bathrooms
4
Kitchens
1
Exterior
Carports / Parkings
4
Sizes
Land Size
772m²

Highlands North, Johannesburg

Johannesburg, also known as 'Jozi', 'Joburg' and 'The City of Gold', is classified as a megacity, due to it being the largest in South Africa. This bustling metropolis offers residents a vibrant and diverse community within beautiful surroundings. Johannesburg has various property types available including apartments, townhouses and freestanding homes, making it an ideal place to live for anyone of all...
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Disclaimer: While every representation will be made by Lew Geffen Sotheby's International Realty to ensure that the information contained within the website is accurate and up to date, makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

25,804.71

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