Residential Investment Block with Strong Student Accommodation Potential
New Doornfontein, Johannesburg
Situated at 43 &45 Sivewright Avenue within the well-established and sought-after New Doornfontein precinct, this substantial residential investment property offers an outstanding opportunity for investors seeking exposure to Johannesburg’s high-demand residential and student accommodation sector.
The property is strategically positioned on two erven with a combined extent of approximately 1,040sqm and comprises an eight-storey residential building incorporating a ground-floor retail component. The surrounding area continues to experience sustained demand driven by its proximity to major universities, educational institutions, public transport networks, and key Johannesburg CBD amenities.
The building accommodates a total of 131 residential apartments configured as follows:
- 32 One-Bedroom Apartments
Average unit size: approximately: 30sqm
- 92 Two-Bedroom Apartments
Average unit size: approximately: 45sqm
- 7 Four-Bedroom Apartments
Average unit size: approximately: 78sqm
Additional improvements include a basement parking facility providing approximately 25 parking bays servicing the building.
This asset offers investors considerable residential rental upside within a well-established node that remains highly attractive to students, young professionals, and working tenants.
Owing to its location, scale, and versatile unit mix, the property is exceptionally well-positioned for both conventional residential letting and future student accommodation conversion or optimisation strategies.
Situated at 43 &45 Sivewright Avenue within the well-established and sought-after New Doornfontein precinct, this substantial residential investment property offers an outstanding opportunity for investors seeking exposure to Johannesburg’s high-demand residential and student accommodation sector.
The property is strategically positioned on two erven with a combined extent of approximately 1,040sqm and comprises an eight-storey residential building incorporating a ground-floor retail component. The surrounding area continues to experience sustained demand driven by its proximity to major universities, educational institutions, public transport networks, and key Johannesburg CBD amenities.
The building accommodates a total of 131 residential apartments configured as follows:
- 32 One-Bedroom Apartments
Average unit size: approximately: 30sqm
- 92 Two-Bedroom Apartments
Average unit size: approximately: 45sqm
- 7 Four-Bedroom Apartments
Average unit size: approximately: 78sqm
Additional improvements include a basement parking facility providing approximately 25 parking bays servicing the building.
This asset offers investors considerable residential rental upside within a well-established node that remains highly attractive to students, young professionals, and working tenants.
Owing to its location, scale, and versatile unit mix, the property is exceptionally well-positioned for both conventional residential letting and future student accommodation conversion or optimisation strategies.
Features
Zoning
Interior
Exterior
Sizes
Parking Bays
Listing Info
New Doornfontein, Johannesburg
- Street map
- Street view
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Firzt Property Group website is accurate and up to date, Firzt Property Group 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.