Commercial Property in Johannesburg Central For Sale

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21 Motor Gauteng, Johannesburg Central, Johannesburg

Description

Student accomodation,10 Rooms

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 2 595 000.00

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. 

DORICEL (PTY) LTD trading as REMAX Superior (Mulbarton) operates in terms of a franchise agreement with REMAX of Southern Africa.

Mark Baird
Mark Baird
REMAX Superior (Mulbarton)
Full Status Property Practitioner
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DORICEL (PTY) LTD trading as REMAX Superior (Mulbarton) operates in terms of a franchise agreement with REMAX of Southern Africa.