About this property

Exceptional Returns & NSFAS Potential Prime Westdene investment opportunity offering 14 income-generating rooms within a thriving student accommodation precinct near the University of Johannesburg. Enjoy stable rental demand, immediate income, and the potential to unlock returns of 25%+ with NSFAS accreditation. Positioned in one of Johannesburg’s most established student accommodation hubs, this well-maintained Westdene property presents a compelling opportunity for both seasoned and first-time investors seeking strong, reliable returns. Located in close proximity to the University of Johannesburg, the property benefits from continuous student demand and high occupancy rates, making it a resilient, income-generating asset in a proven rental node. The property comprises a spacious main house with 12 rooms (including one allocated to a caretaker) and a separate 2-bedroom cottage, each with its own en-suite bathroom, bringing the total to 14 income-generating units. This multi-room configuration reduces vacancy risk and ensures diversified rental income. Investment Highlights: 14 income-generating rooms in a high-demand student precinct Walking distance to the University of Johannesburg Previously NSFAS-accredited, with potential to reapply Double garage, parking for 4 vehicles, and landscaped gardens with an open braai area Ideal for student housing, co-living, or multi-let investment strategy Income Potential: Current private rental model: ±R32,500 per month (±R390,000 annually) NSFAS-accredited potential: Up to ±R71,500 per month (±R858,000 annually) Estimated Monthly Profit (after expenses, including caretaker): ±R9,500/month (current setup) Up to ±R48,500/month (NSFAS scenario) Return on Investment: Approximately 5% net yield in its current form Up to 25%+ net yield once optimised with NSFAS accreditation This property offers a strategic pathway for investors to generate stable income from day one, then significantly enhance returns by securing NSFAS accreditation. With multiple income streams, strong location fundamentals, and proven student demand, it delivers both immediate cash flow and long-term growth potential. Whether you're expanding your portfolio or entering the student housing market, this is a rare opportunity to secure a high-performing asset in a prime rental location. Contact us today to arrange a viewing and explore the full potential of this exceptional investment.