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73 Perth Road, Newlands, Johannesburg, Gauteng
R 1 800 000
VIRTUAL ON SHOW WEEK - VIEW BY APPOINTMENT ONLY - CONTACT AGENT TO ARRANGE (as per Sellers instructions) NO APPOINTMENT - NO ACCESS 9-Bedroom Student Accommodation Investment in Westdene This residential property presents an excellent investment opportunity in Westdene, Johannesburg, positioned just 1.5 kilometres from the University of Johannesburg's main entrance. The property has been successfully operated as student accommodation and offers practical, functional living spaces designed for multiple occupants. The accommodation comprises nine bedrooms, each featuring wooden floors and built-in cupboards for storage. Three communal bathrooms serve the residents, whilst the open-plan fitted kitchen provides adequate facilities for shared meal preparation. The spacious open-plan lounge and dining area create a welcoming communal environment, with an adjoining laundry area for convenience. Key Features - Nine bedrooms with wooden floors and built-in storage - Three communal bathrooms - Open-plan fitted kitchen and dining area - Spacious lounge with shared facilities - Integrated laundry area - Gas geyser for hot water - Prepaid electricity system - Secure open parking for approximately five vehicles - 495 sqm erf with 234 sqm floor area - Suburban location with excellent proximity to UJ The property benefits from practical amenities including a gas geyser and prepaid electricity system, reducing administrative burden. Secure open parking accommodates multiple vehicles, essential for student accommodation. Located in the suburban Westdene area, this property offers strong rental potential and steady income generation for investors seeking established student housing. Contact us to arrange a viewing and discuss investment opportunities. BAROVILLE TRADE AND INVESTMENTS 10 (PTY) LTD trading as RE/MAX Town and Country (Florida) operates in terms of a franchise agreement with RE/MAX of Southern Africa.
Estimated monthly repayment
R 16 998
on a R 1 620 000 bond over 20 years at 11.25%
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73 Perth Road, Newlands, Johannesburg, Gauteng
Liivra AI market value
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Listed by
Ayanda Jacobs
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