Student Residence for Sale – 5 Minutes Walk to University of Johannesburg
This well-located student residence, just a 5-minute walk from the University of Johannesburg, offers an excellent investment opportunity with a total rental income of R27,400.00 per month.
The main house features 8 spacious bedrooms and 2 bathrooms, providing comfortable accommodation for students. Additionally, there is a self-contained 2-bedroom cottage, perfect for extra rental income or a live-in caretaker.
The property includes a fully equipped communal kitchen, complete with a stove, fridge, freezer, microwave, and washing machine. Students can also enjoy WiFi connectivity, ensuring a conducive environment for studying and relaxation.
For parking, the property has a carport that accommodates 3 cars, providing secure off-street parking. The residence operates on prepaid electricity for easy management of utilities.
This property has been re-zoned as a commune, making it a fully compliant student accommodation investment. Don’t miss out on this high-yield opportunity in a prime location!
