R1,800,000
9
5
9
447
This well-positioned commercial building presents a valuable investment opportunity, ideally located near the University of Johannesburg and Elise Park Central Johannesburg College, amidst a vibrant setting of lush greenery. The property features nine thoughtfully designed bedrooms, each equipped with an en-suite bathroom, ensuring both comfort and privacy for occupants. The interiors are fully tiled and include well-maintained built-in wardrobes. In addition to a generous living area, the property boasts a spacious kitchen adorned with elegant granite countertops, offering a functional and inviting space for both cooking and social interactions. Ample parking is available, accommodating up to three vehicles, which enhances convenience for both residents and guests. Given the strong demand for student accommodation in this vicinity, this property holds substantial potential for generating rental income, with the capacity to accommodate up to eighteen tenants. The site also benefits from excellent transport links, including proximity to the Reavaya Bus station, which is within walking distance. For further inquiries or to schedule a private viewing, please feel free to contact our office.
Property Type:
House
Ownership Type:
Freehold
Number of Floors:
1
Last Sale Date:
25 Apr 2022
Land Size:
447sqm
Bedrooms:
9
Bathrooms:
9
Study Rooms:
1
Garages:
2
Parking Bays:
3
Rates & Taxes:
R5,000
Tenanted:
Yes