Commercial space in Johannesburg CBD
Johannesburg Central, Johannesburg Central, Gauteng
Listed by
Mark Baird
RE/MAX Superior Mulbarton
Details
ALREADY EARNING. WITH ROOM TO EARN MORE. Established Student Accommodation | Gross Rental Income | Walking Distance to UniversityWhy buy an investment property and then start looking for an income strategyThis established student accommodation property in Westdene is already generating gross rental income, with further potential available through an additional external en-suite room.And perhaps its biggest advantageStudents can walk to university.For an investor, the combination of existing gross rental income, an excellent student location and attractive ROI potential makes this an opportunity worth investigating.DESIGNED FOR STUDENT LIVING The property offers 9 spacious bedrooms configured for student accommodation.Separate bathroom facilities serve the upstairs and downstairs areas, making communal living practical for multiple occupants.Secure lock-up garaging accommodates 2 vehicles.An additional external room with its own en-suite bathroom provides an opportunity to further enhance the property''s rental potential once completed.LOCATION IS EVERYTHING One of this property''s strongest advantages is simple:The university is within walking distance.That convenience is a major attraction for the student market and reduces dependence on daily transport.The property is also conveniently positioned for access to hospitals, shops, entertainment and major transport routes.DON''T JUST BUY PROPERTY. BUY INCOME POTENTIAL. This isn''t an empty house waiting for an investment strategy.It is already income producing.It offers further potential.And it is positioned within walking distance of the market it is designed to serve.For an investor looking for student accommodation with existing gross rental income and attractive ROI potential, this Westdene property deserves a closer look.Contact us today to arrange a private viewing and discuss the investment opportunity.DORICEL PTY LTD trading as REMAX Superior Mulbarton operates in terms of a franchise agreement with REMAX of Southern Africa.
Location
Map showing the location of Commercial space in Johannesburg CBD