R 1 695 000
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17 Bed House in Sophiatown

17 10 6 570 m²

17 Sleeper Prime Student Accommodation Investment Opportunity in Johannesburg

This student accommodation offers 17 bedrooms (including the cottage), 10 bathrooms, and 3 kitchen areas, making it a highly desirable property for student living. With consent use already in place from the City of Johannesburg, this property is ready for the next owner to continue the annual application for NSFAS accreditation, presenting a great investment opportunity for those looking to expand their property portfolio.

Property Highlights:

17 Spacious Bedrooms: Ample room for student tenants, ensuring consistent occupancy and rental income.

10 Bathrooms: Conveniently distributed to accommodate the needs of multiple tenants.

3 Kitchen Areas: kitchens for shared student use.

Consent Use Approved: Save time with city approval already secured just continue with the annual NSFAS accreditation process.

Proximity to Amenities: Walking distance to shops, clinics, and the university, making it a prime location for students.

Partially Furnished: Some furniture will remain with the property, offering additional value and convenience.

Maintenance Required: The property does need some maintenance, but with a little TLC, it can become an even more lucrative investment.

This property offers the perfect opportunity for savvy investors to step into the thriving student accommodation market. Dont miss out on this chance to secure a high-potential asset in a prime location!

Property details

  • Listing number T4745284
  • Property type House
  • Listing date 12 Aug 2024
  • Land size 570 m²

Property features

  • Bedrooms 17
  • Bathrooms 10
  • Lounges 2
  • Dining areas 2
  • Open parking 6
  • Flatlets
  • Pet friendly
  • Balcony
  • Patio
  • Scenic view
  • Wheel chair friendly
  • Kitchen
  • Garden
  • Family TV room
  • Paving

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