- 9
- 2
- 2
- 495.0 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 1185.00
Property description
Prime Investment Opportunity: High-Yield Student Living in Westdene
Unlock a high-performing asset in the heart of Johannesburg’s student hub. This expansive 9-bedroom property is perfectly positioned for investors seeking immediate cash flow and significant value-add potential.
The Financials
Asking Price: R 2,800,000
Current Gross Income: R 28,500 per month
Projected Gross Income: R 32,500 per month (upon completion of the external suite)
Location: Westdene, Johannesburg – A high-demand zone for student and young professional rentals.
Property Highlights
This well-structured residence is designed for high-occupancy living:
9 Spacious Bedrooms: Optimized for student accommodation.
Dual Bathroom Facilities: Dedicated bathrooms for both the upstairs and downstairs levels to ensure seamless communal living.
Secure Parking: Lock-up garaging for 2 vehicles, a premium feature in this area.
Value-Add Potential: Includes an additional external room with an ensuite bathroom. Once finished, this unit will generate an additional R 4,000 per month in rental income.
Unbeatable Location
Situated in a "walk-to-campus" pocket of Westdene, your tenants will be minutes away from:
Top Universities: Easy access to UJ and Wits.
Healthcare: Proximity to major hospitals.
Lifestyle: Moments away from popular entertainment hubs, shops, and transport routes.
Investor's Note: With a high rental demand and a footprint that allows for easy management, this property is a "set and forget" addition to any savvy portfolio.
Don’t miss this opportunity to secure a high-yield asset in one of Joburg’s most resilient rental markets.
Contact us today to arrange a private viewing.
Property Details
- 9 Bedrooms
- 2 Bathrooms
- 2 Garages
- 1 Dining Area
Property Features
- Access Gate
- Garden
| Bedrooms | 9 |
| Bathrooms | 2 |
| Garages | 2 |
| Erf Size | 495.0 m2 |
