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R8,600,000

28 bedroom house for sale in Braamfontein Werf

28 Beds
10 Baths
998m²
Reduced
A 28 Room Student Accommodation In Braamfontein Werf Near Uj & Wits

Prime Student Accommodation Investment Opportunity

Location: Johannesburg, South Africa

Welcome to a lucrative investment opportunity in student accommodation ideally situated for students attending the University of Johannesburg and within close proximity (3km) to Wits University. This well-maintained property offers:

-28 Student Rooms: Each room is fully furnished and equipped for immediate occupancy, featuring:

- 1 bed

- 1 table

- 1 chair

-Solar System: Installed to reduce operational costs and promote sustainability. Solar system supporting lights, WiFi connectivity, and water pump for efficient water supply

-Adequate Bathrooms: Ensuring convenience with 9 shower rooms and 13 toilets available.

-Parking: Ample space for parking, including covered parking.

-Two Floors: Efficient layout with integrated study areas within the building.

-Controlled Access:Ensuring security and peace of mind.

-Public Transport Access:Conveniently located near public transport routes.

-Close to Campus Square:Only 2 km away, offering additional amenities and services.

-Safe Location:Enhanced security features including electric fence and CCTV surveillance.

-Tenanted: Currently, 17 rooms are occupied, generating immediate rental income.

-Not NSFAS Accredited:Catering exclusively to private student accommodation needs.

-Successful Operation:Established track record as a private student accommodation provider.

-Water Storage:Facilities for efficient water management.

Investors in student accommodation can capitalize on this opportunity to acquire a property with a steady rental income stream and potential for future growth.

For more details and to schedule a viewing, please contact us at your earliest convenience. Don't miss out on this chance to invest in a thriving sector and secure your financial future.

Property Type
House
Bedrooms
28
Bathrooms
10
Stand Size
998m²
Living Area
5
Covered Parking
20
Reference
7002001-61873
Property history
Listed for sale at R8,600,000
16 Jul 2024
Get to know Johannesburg
Johannesburg is known by various names just as diverse as the residents - Jozi, Jo’burg, Joeys, eGoli. From its humble beginning as a mining town, Johannesburg has evolved into a buzzing urban hub of activity. From high rises dotting the skyline to leafy suburbs with sprawling properties, the city reflects the history of its growth and major events in Southern African history.
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