R 2 500 000
calculate bond costs

10 Bed House in Westdene

10 11 495 m²

Offer received in the 1st 2 weeks of listing!

Let me do the same for you

Calling all student accommodation investors to plug and play this into their portfolio

This NASFAS accommodation which is a street away from the University of Johannesburg is looking for a new owner

The property has 3 dwellings on the property with a total of 10 furnished bedrooms and 11 bathrooms excluding the caretaker''s room

9 out of 10 rooms have ensuite bathrooms with 2 of the bedrooms able to house 2 students.

Therefore, you can house a total of 12 students on the property

Potential income is R45 000 p/m making a total of R450 000 per annum (10 Months)

Each bedroom has a bed, table chair & wardrobe

There is a kitchen with a gas stove (COC available), communal washing machine and an alarm system

The property is a 5 minute walk to the University of Johanneburg Kingsway Campus & Campus Square

NO LOADSHEDDING as the property is solar powered so students can study through the loadshedding hours

The property next door is also for sale and buying both of them gives you the opportunity to development at this great location

There are already plans in place for the future development

Extras include: Camera''s, Gyser Boiler, Caretaker Accommodation, Gas Stove (COC Available), Jojo Tank, Solar Powered Gyser, Solar System, Parking for 2 cars.

Call Ben today before it''s gone

Property details

  • Listing number T4481610
  • Property type House
  • Listing date 22 Jan 2024
  • Land size 495 m²
  • Rates and taxes R 988

Property features

  • Bedrooms 10
  • Bathrooms 11
  • Flatlets
  • Security post
  • Staff quarters
  • Furnished

Photo gallery

Video