9 Bed House in Westdene
Generating R35 500 per month!!! With consent use from COJ (Commune License)
Calling all student accommodation investors to plug and play this into their portfolio
This student 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 9 furnished bedrooms and 7 bathrooms excluding the caretaker''s room
5 out of 10 rooms have ensuite bathrooms with 2 of the bedrooms able to house 2 students each.
Therefore, you can house a total of 11 students on the property
Potential income is R35 500 p/m making a total of R355 000 per annum (10 Months)
Each bedroom has a bed, table chair & wardrobe
The property is a 5 minute walk to the University of Johanneburg Kingsway Campus Gate 6
With consent use from COJ, you can apply for NASFAS accreditation as the heavy lifting as been concluded
Extras include: Double Garage, Furniture, Caretaker Accommodation
Call Ben today before it''s gone
Property details
- Listing number T4590063
- Property type House
- Listing date 9 Apr 2024
- Land size 495 m²
- Rates and taxes R 2 319
Property features
- Bedrooms 9
- Bathrooms 7
- Garage parking 1
- Flatlets
- Security post
- Staff quarters
- Furnished