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Westdene, Randburg, Gauteng
ID 1479399

7 Bedroom Property for Sale in Westdene Gauteng
7 Bedroom Property for Sale in Westdene Gauteng
7 Bedroom Property for Sale in Westdene Gauteng
7 Bedroom Property for Sale in Westdene Gauteng
7 Bedroom Property for Sale in Westdene Gauteng
7 Bedroom Property for Sale in Westdene Gauteng
7 Bedroom Property for Sale in Westdene Gauteng
7 Bedroom Property for Sale in Westdene Gauteng
7 Bedroom Property for Sale in Westdene Gauteng
R 1 700 000

House

3.0

7

160m2

214m2

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House

3.0

7

160m2

214m2

Property features

  • R 1 700 000
  • 7 Bedrooms
  • 3.0 Bathrooms
  • 0 Living Room/s
  • Garage for   car/s
  • Rates 
  • No Pets

Property Details

Investment Opportunity: Student Accommodation in Westdene

Situated just a stone's throw away from the University of Johannesburg, this property is perfectly positioned to capitalise on the high demand for student accommodation. Currently housing UJ students, this property generates a substantial rental income of R32,000 and monthly costs add up to R7000 a month including the caretaker's income.

Property Features:

  • 8 rooms, providing ample accommodation for students
  • 1 flatlet, offering additional space and flexibility (Currently used by the caretaker)
  • 1 cottage with an ensuite bathroom.
  • Strategically located near the University of Johannesburg, ensuring a steady stream of potential tenants

Investment Highlights:

  • Strong rental income of R32,000 per month
  • Prime location ensures high occupancy rates

This property presents an attractive investment opportunity for those looking to capitalise on the lucrative student accommodation market. With its excellent location and existing rental income, this property is poised for continued success.

Ambiance Properties Group

010 141 0766
[email protected]
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