R8,600,000
Monthly Bond Repayment R93,198.81
Calculated over 20 years at 11.75% with no deposit.
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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.
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Near University/Campus • Near Shopping Mall • Water - Tank • Pets Not Allowed • Covered Parking • Balcony • Near Public Transportation • Safe LocationGet Email Alerts
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Disclaimer: While every effort will be made to ensure that the information contained within the EXP Realty website is accurate and up to date, EXP Realty makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.