9 Bedroom House For Sale in Westdene

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12 Lancaster Road, Westdene, Johannesburg

Description

HIGH-YIELD INVESTMENT OPPORTUNITY | STUDENT ACCOMMODATION | WESTDENE

Looking for an income-producing asset to add to your portfolio?

This established student accommodation property is strategically positioned in Westdene, within walking distance of university - one of the most important considerations for the student rental market.

CURRENT CONFIGURATION & INCOME

Gross Rental Return: The property is already generating rental income, providing an existing income stream rather than starting from scratch.

Established Student Accommodation: The main house offers 9 spacious rooms with convenient ablution facilities on both levels.

Location Advantage: Walking distance to university provides a significant advantage when attracting student tenants.

THE VALUE-ADD OPPORTUNITY

This isn't simply an existing rental property. There are opportunities to further improve its income-producing potential.

Additional Accommodation: An external room with an en-suite bathroom is already in place and requires completion, creating further rental-income potential.

Reconfiguration Potential: Two particularly large existing rooms offer sufficient space to investigate possible subdivision, potentially increasing accommodation capacity further.

Cosmetic Upside: Strategic cosmetic improvements could further enhance the property's appeal and rental positioning.

WHY INVESTORS SHOULD TAKE A CLOSER LOOK

Existing gross rental income

Attractive ROI potential

Walking distance to university

Established student accommodation configuration

Further value-add opportunities

Secure garaging

Strong investment location in Westdene

BUY THE INCOME. UNLOCK THE POTENTIAL.

For an investor looking for an existing income-producing property with further upside, this Westdene opportunity deserves serious consideration.

Contact us to arrange a private viewing and discuss the investment opportunity.

That keeps the commercial version financially driven, while the other advert sells the lifestyle/location/income concept without tying us to specific future returns. 

DAZZLE REALTORS (PTY) LTD trading as REMAX Dazzle (Boksburg) operates in terms of a franchise agreement with REMAX of Southern Africa.

Mark Baird
Mark Baird
REMAX Dazzle (Boksburg)
Full Status Property Practitioner
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DAZZLE REALTORS (PTY) LTD trading as REMAX Dazzle (Boksburg) operates in terms of a franchise agreement with REMAX of Southern Africa.