Property features

R2 500 000

Property Details

Student Commune Investment Opportunity in Westdene, Johannesburg Are you looking to step into the property investment market with a high-yield, low-maintenance opportunity? Look no further! This student commune property in the sought-after area of Westdene, Johannesburg is now available for sale as a going concern. Perfect for investors seeking a steady income stream, this property is already set up to generate projected annual income of approximately R410,000. Property Features: Main Building: 8 single bedrooms (fully furnished with beds, fridges, and household furniture). 3 shared showers and ablution facilities. Fully equipped kitchen and dedicated study area for students. Outside Self-Contained Unit: Accommodates 2 students. Private shower, kitchen, and ablution facilities. Fully furnished for immediate use. Total Capacity: The property can comfortably house 10 students at full capacity. Fully Furnished: All rooms and common areas come fully furnished, including beds, fridges, and essential household furniture. Investment Highlights: Turnkey Operation: The property is sold as a going concern, making it a hassle-free investment. High Demand Location: Westdene is a prime location for student accommodation, close to universities, transport routes, and amenities. Steady Income Potential: With a projected annual income of R410,000, this property offers an excellent return on investment. Low Maintenance: The property is well-maintained and ready for immediate use, ensuring minimal additional costs. Why Invest in Student Accommodation? Student housing is one of the most resilient and lucrative sectors in the property market. With a constant demand for affordable, well-located accommodation, this property offers a reliable income stream and long-term growth potential. Perfect for: First-time property investors looking for a low-risk entry into the market. Seasoned investors seeking to diversify their portfolio. Entrepreneurs interested in the student accommodation sector. Don’t miss out on this rare opportunity to own a fully operational student commune in a prime location. Whether you’re looking to expand your property portfolio or start your investment journey, this property is the perfect choice. Contact us today to arrange a viewing or for more information! ?? 0671539447 Act fast – this gem won’t stay on the market for long!