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Versatile Medical Property

Investors stand to benefit from the South African government's increased healthcare spending

Article image for Versatile Medical Property
Posted: 27 August 2024

We are excited to announce the auction of a newly renovated health facility, an exceptional investment opportunity in one of Johannesburg's most sought-after areas. This prime property is located on 17th Street and has a Gross Buildable Area (GBA) of ±360m² and an ERF size of 495m². It shares a wall with the Linksfield Hospital.

The property was once used as a birthing clinic, it has enormous potential for a variety of uses, including a clinic, spa, care facility, rehabilitation centre, step-down facility, or guest house. The property features 7 offices with water features: 3 offices with bathrooms and showers, 2 offices with consulting rooms, 2 large open-plan offices with courtyard access, 2 common bathrooms, a full modern kitchen, an outdoor shower, and a spacious courtyard with a water feature. The recently remodelled property features flawless finishes and contemporary amenities.

Johannesburg's Linksfield neighbourhood is home to a community of working-class and affluent people. Numerous properties in this area are valued at millions of rands, and the area is well known for its opulent lifestyle. Linksfield is a desirable area because of its numerous amenities and luxurious residential features.

This versatile medical property is available for immediate occupation, it is currently vacant. For doctors or other professionals wishing to open their practice in a bustling community, this is the perfect investment. Due to the proximity of the Linksfield Clinic, a medical centre would flourish in this area. For investors, purchasing a Linksfield medical facility is a wise and profitable move. When considering an investment in the healthcare industry, the property stands out due to its high-quality infrastructure and versatility.

The healthcare sector continues to show its resilience in the face of economic fluctuations, highlighting its stability and room for expansion. This would be exploited by a medical facility in Linksfield, giving investors a favourable position to gain from the upcoming investments made by the South African government.

The South African government plans to significantly increase its healthcare spending. The government is set to double its expenditure on healthcare, highlighting its commitment to improving the nation's healthcare infrastructure and services.

Join us on the 27th of August 2024 at AuctionInc’s Multi Property Event to secure this outstanding property. This auction presents a rare chance to invest in a property that promises high returns and long-term growth. For more information, contact Deal Maker Yoni Dadon at 061 822 6128 or email him at yoni@auctioninc.co.za. Don't miss this opportunity to own a piece of Linksfield's medical real estate.

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