12 Bed House for Sale Westdene Johannesburg

Property Details

Lucrative Student Commune Investment Opportunity in Westdene, Johannesburg – High Income Potential! Looking for a high-yield property investment in a prime location? This well-established student commune property in Westdene, Johannesburg is now available for sale as a going concern. With a projected gross annual income of approximately R610,000, this property is an excellent opportunity for investors seeking a steady income stream with minimal hassle. Property Features: Spacious Corner Stand: The property is situated on a corner stand with a total size of ±695sqm, offering ample space and potential for future expansion. Main Building: Accommodates ±17 students at full capacity. Multiple single bedrooms (fully furnished with beds, fridges, and household furniture). Shared showers and ablution facilities. Fully equipped kitchen and dedicated study areas for students. Additional Features: The property is fully furnished, ensuring it’s ready for immediate use. Ideal layout for student living, with communal spaces designed to foster a comfortable and productive environment. Investment Highlights: Steady Income Potential: With a projected gross annual income of R610,000, this property offers a reliable and attractive return on investment. Prime Location: Westdene is a highly sought-after area for student accommodation, close to universities, public transport, and essential amenities. Turnkey Operation: Sold as a going concern, this property is a hassle-free investment with immediate income potential. Scalable Opportunity: The spacious corner stand (±695sqm) provides room for future expansion or development, increasing its value and income potential. Why Invest in Student Accommodation? Student housing is one of the most resilient and profitable 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 investors looking for a low-risk entry into the property market. Seasoned investors seeking to diversify their portfolio with a high-yield asset. Entrepreneurs or property developers interested in the student accommodation sector. Don’t Miss Out! This is a rare opportunity to own a fully operational student commune in one of Johannesburg’s most strategic locations. Whether you’re an experienced investor or just starting your property journey, this property is a must-see. Contact us today to arrange a viewing or for more information! Act fast – opportunities like this don’t come around often!