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Twickenham Avenue, Auckland Park, Johannesburg, Gauteng
R 6 500 000
Property for sale in Auckland park. Asking R6,5 ,offers from R6,2. High-yield Student Accommodation Development Opportunity in Aucklandpark! 1998sqm Prime land . Can be zoned for student accommodation for up to 6 floors. Not zoned yet. Walking distance to UJ University. Unlock immediate cash flow +long term Return on Investment ROI. Located on the Corridors of Freedom and close to Rea Vaya bus route, the 1998sqm property in Aucklandpark is a developers dream.An asset today and a high-density development site tomorrow.When rezoned approval for 6 floors medium to high density ,this land offers unmatched flexibility for investors. Property for sale in Auckland park 4 bedrooms ,1 study with linen storage walk in closet,3 bathrooms,and full cottage,and domestic accommodation. Borehole water triple filtered connected to the entire property. Solar heated pool. Solar geysers. Development highlights: ?Prime Location. - [ ] 2 mins walk to UJ University and Rea Vaya route to University of the Witwatersrand—-direct access to thousands of potential tenants. - [ ] Walking distance to Campus square shopping centre,KfC,McDonalds,and other fast food outlets—ideal for student convenience. - [ ] Walking distance to Mosque and Churches,catering to a diverse tenant needs. - [ ] Easy access to public transport,schools and key amenities. - [ ] Walking distance to schools. Strategically positioned on the Corridors of Freedom,ensuring future infrastructure upgrades. ?Scalable Investment: - [ ] 1998sqm of land allows for expansive development with high-profit margins. - [ ] Can be zoned for student accommodation,medium to high density. - [ ] Existing structures generates immediate rental income while planning your project. Main House:A Rental Asset. Lounge Open plan dining room and family room. Study with linen storage room,can be converted into another bedroom Kitchen with breakfast sunroom overlooking the pool. Scullery. 4 bedrooms,all with built in cupboards 3 bathrooms ,2 en-suite. Main bedroom with dressing room and en suite bathroom. Large patio with built in Braai overlooking a solar heated pool. Cottage: Open plan lounge and kitchen. Guest toilet Main bedroom with dressing room and en suite bathroom. Second room kids toy room. Outside area has a multipurpose room. Two domestic rooms and bathroom (needs attention). Extras: Borehole Large garden. Security: Cameras Electric fence Alarm system linked to a security company. Solar lights. Parking for 6 to 8 cars.
Estimated monthly repayment
R 61 381
on a R 5 850 000 bond over 20 years at 11.25%
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Twickenham Avenue, Auckland Park, Johannesburg, Gauteng
Liivra AI market value
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Listed by
Marie Zuma
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