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Westdene, Westdene, Johannesburg, Gauteng
R 2 300 000
Calling all student accommodation investors to plug and play this into their portfolio This NASFAS 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 10 furnished bedrooms and 11 bathrooms excluding the caretaker's room 9 out of 10 rooms have ensuite bathrooms with 2 of the bedrooms able to house 2 students. Therefore, you can house a total of 12 students on the property Potential income is R45 000 p/m making a total of R450 000 per annum (10 Months) [2024 Numbers with 10 students] Each bedroom has a bed, table chair & wardrobe There is a kitchen with a gas stove (COC available), communal washing machine and an alarm system The property is a 5 minute walk to the University of Johanneburg Kingsway Campus & Campus Square NO LOADSHEDDING as the property is solar powered so students can study through the loadshedding hours Extras include: Camera's, Gyser Boiler, Caretaker Accommodation, Gas Stove (COC Available), Jojo Tank, Solar Powered Gyser, Solar System, Parking for 2 cars. Call Ben today before it's gone
Estimated monthly repayment
R 21 720
on a R 2 070 000 bond over 20 years at 11.25%
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Westdene, Westdene, Johannesburg, Gauteng
Listed by
Sarah Van Zyl
Unclaimed listing — claim it to verify
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