Sophiatown, Johannesburg, Gauteng ID 1163269
House
3.0
8
150m2
498m2
Lucrative 8 Bedroom Investment Property For Sale 10 Sleeper Student Accomodation For Sale In The Sought After Suburb Of Sophiatown. Welcome to the suburb of Sophiatown, which sits 1.5KM to the nearest UJ Auckland Park Gates. This sought after suburb is much desired by students attending The University Of Johannesburg Auckland Park Campus Gates as well as Sparrow TVET College Students. From the doorstep of this property,You look directly into the Sparrow TVET College Campus and this house is a stones throw away from the gate.This is prime location for students attending this college. This commune can comfortably sleep 11 students between the main house and cottage with a communal kitchen and a sitting room. Inside the main house we have 6 bedrooms with a sitting room,kitchen and 2 bathrooms and in the cottage we have 2 bedrooms with a communal bathroom and kitchen. The total number of students that this property can occupy is 11 students. This property is located 50m to the TVET College which is called Sparrow and 1.5km to the University Of Johannesburg, Auckland Park Campus gate so the investment opportunity is broad for a potential investor. The property is also fitted with a Jojo tank for those unexpected water outages. This property has further potential to expand in the back yard and add further rooms to increase income potential.This property requires some TLC and is perfect for expansion to add more units on the stand. This student commune will leave the market soon so contact me to make it yours today.
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