This property, located on the border of Sophiatown, Westdene, and Melville, lies on the quieter and more orderly side of Westdene/Sophiatown and presents a solid investment opportunity.
This presents an ideal investment opportunity for student accommodation or a spacious family home with the potential for additional bedrooms or the installation of a small swimming pool.
Property Overview:
This exceptional family home is perfect for student accommodation and is a prime investment opportunity, ideally situated within walking distance of Sparrow College, University Of Johannesburg and Many Other Colleges. With a total of 5 bedrooms, this property is designed to maximize rental potential and provide comfortable living for students.
Key Features:
4 Bedrooms:Four Generously sized bedrooms are in the main house, each equipped with beautiful built-in wardrobes complete with sliding doors.
Living Area: 2 spacious living rooms offers a communal space for relaxation and social interaction, perfect for fostering a sense of community among tenants.The second living room can be converted into an extra bedroom, therefore maximizing on space.
Kitchen: A modern, spacious well-equipped kitchen features high-quality appliances and plenty of counter space, making it ideal for student living. The appliances are not sold with the property however one can make an offer to purchase them.
Dining Room: A large dining room can also be converted to serve as an additional bedroom.
Bathrooms: 2 bathrooms in the main house with ensure convenience and privacy for all residents.
Outdoor Space:
Cottage: A 1 bedroom cottage with a kitchenette and shower. This unit can be extended to add additional bedrooms for further rental income.
Parking: Enough parking space for 5 cars
High Demand Location: Located within walking distance to The University Of Johannesburg with easy access to public transport, shopping centres, hospitals, clinics and local amenities, ensuring consistent rental demand.
Strong Rental Yield: Potential for excellent rental returns, with the property positioned to attract both local and international students and the opportunity to further expand onto the property with a further potential of 5 more bedrooms.
Future Development Potential: Explore opportunities for expansion or renovation to further increase property value and rental income.
Contact me to schedule a viewing and to make this property yours today.
Don’t miss out on this fantastic investment opportunity!
