This impressive 9-bedroom, 6-bathroom property is ideally situated in Auckland Park, Johannesburg, represents a lucrative investment opportunity in Johannesburg's competitive real estate market.
With its spacious layout, modern conveniences, and prime location near educational institutions and business centers, it promises excellent rental yields and long-term growth potential.
Property Features:
Living Units: Divided into 5 distinct units and a cottage, providing versatile accommodation options.
Unit 1:
Two bedrooms with air conditioning, kitchen, and a bathroom with a shower.
Unit 2:
Two bedrooms, kitchen, and a bathroom.
Unit 3:
One bedroom, kitchen, and a bathroom.
Unit 4:
One bedroom with air conditioning, kitchen, and a bathroom featuring both a shower and bathtub.
Unit 5: Two bedrooms (one with a gas fireplace and the other with a balcony), kitchen, bathroom, and lounge.
Cottage: Separate bedroom and bathroom.
Outdoor Amenities:
Expansive garden with a JoJo tank for rainwater harvesting, ideal for maintaining the lush surroundings with sprinkler systems.
Double garage and double carport provide ample parking space, accommodating up to four vehicles securely.
Additional Features:
Versatility: Perfect for student accommodation, rental for young professionals, or short-term stays through Airbnb, capitalizing on its prime location and diverse layout.
Modern Comforts: Units equipped with air conditioning for climate control, ensuring tenant comfort throughout the year.
Security: Comprehensive security measures including CCTV surveillance, and secure access points, prioritizing safety for residents.
Investment Potential:
Student Accommodation:
Less than a 15-minute walk to the University of Johannesburg Kingsway Campus and close proximity to Bunting Road Campus make it an ideal choice for students seeking convenient living arrangements.
Young Professionals:
Within walking distance to the SABC and other business hubs, appealing to professionals seeking proximity to work and lifestyle amenities.
Airbnb:
Strategic location and upscale amenities attract tourists and business travelers looking for comfortable, centrally located accommodation.
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