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4 Ludlow Road, Westdene, Johannesburg Central, Gauteng
R 2 300 000
High-Yield Student Accommodation Investment Near UJExceptional Returns & NSFAS PotentialPrime 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 Johannesburgs 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 precinctWalking distance to the University of JohannesburgPreviously NSFAS-accredited, with potential to reapplyDouble garage, parking for 4 vehicles, and landscaped gardens with an open braai areaIdeal for student housing, co-living, or multi-let investment strategyIncome Potential:Current private rental model:R32,500 per month R390,000 annuallyNSFAS-accredited potential:Up to R71,500 per month R858,000 annuallyEstimated Monthly Profit after expenses, including caretaker:R9,500month current setupUp to R48,500month NSFAS scenarioReturn on Investment:Approximately 5 net yield in its current formUp to 25 net yield once optimised with NSFAS accreditationThis 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. Show more Show less
Estimated monthly repayment
R 21 720
on a R 2 070 000 bond over 20 years at 11.25%
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Fair-value check
Fairly pricedIn line with comparable 4-bed houses for sale in Westdene
Based on 23 comparable listings
A market signal from comparable listings — not a formal valuation.
4 Ludlow Road, Westdene, Johannesburg Central, Gauteng
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Listed by
Grace Reddy
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