12 Bed House in Melville
PRIME STUDENT ACCOMMODATION DEVELOPMENT OPPORTUNITY IN MELVILLE!
Seize this exceptional chance to capitalize on the growing demand for student housing in Johannesburg!
Key Highlights:
- 2 adjacent stands (2 x 745sqm) with 2 semi-detached homes and a standalone structure
- Ideal location for student accommodation: close proximity to UJ, Johannesburg Business School, and Wits University
- Existing structures offer potential for redevelopment into a high-yielding student housing complex
- Ample parking and easy access to public transport hubs
- Close proximity to Spar Shopping Centre, Mays Chemist, and Campus Square
Investment Benefits:
- Maximize returns through efficient redevelopment
- Generate excellent cash flow from student rentals
- Capitalize on the growing student population in Johannesburg
- Secure a prime location with limited supply of student accommodation
Property Details:
- 2 x 230-240sqm buildings with 2 outbuildings (ideal laundry rooms)
- 4th Avenue, Melville - just off the main road
- Asking price: R 2.7 million for both stands (single transaction preferred)
Don''t miss this rare opportunity!
Contact [Your Name] today to secure this prime development site and capitalize on the booming student accommodation market!
Key highlights:
1. Prime location for student accommodation
2. Investment potential and returns
3. Growing demand for student housing
4. Efficient redevelopment opportunities
Property details
- Listing number T4822476
- Property type House
- Erf size 1 466 m²
- Floor size 500 m²
Property features
- Bedrooms 12
- Bathrooms 4
- En-suite 2
- Lounges 2
- Dining Areas 2
- Open Parkings 6
- Access Gate
- Laundry