This newly built student accommodation presents an excellent investment opportunity with strong rental income potential.
The multi-level building features:
- 10 bedrooms, including 3 spacious doubles5 bedrooms on the ground floor and 5 on the first floor.
- There are fully equipped kitchens, one on each floor,
- and 4 bathrooms with showers, 2 per floor.
Additional amenities include:
- a laundry room,
- 2 external rooms one designated for the caretaker and one for storage,
- and a 5,400-liter Jojo water tank.
For security, the property is fitted with CCTV camera and 2 solar-powered outdoor lights.
The accommodation is currently fully occupied, ensuring immediate rental income of estimated R34 900 per month!
Located just 400 meters from the University of Johannesburg gates on Katjiepiering Street Bunting Road, it offers students a convenient 5-minute walk.
The property is also part of the Corridors of Freedom initiative and lies 400 meters from 8th Street, the main thoroughfare leading into Braamfontein, which serves as a key bus and taxi route.
Nearby amenities include local tuck shops, shopping centers, and Brixton CBD, approximately 10 minutes away.
This prime location makes it an ideal choice for student tenants.
For more information or to arrange a viewing of this exceptional property, please contact me.