R2 700 000
Monthly Bond Payment: R
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PRIME STUDENT ACCOMMODATION DEVELOPMENT OPPORTUNITY IN MELVILLE!
12 Bedroom House For Sale in Melville
PRIME STUDENT ACCOMMODATION DEVELOPMENT OPPORTUNITY IN MELVILLE!
Monthly Bond Payment: R
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Seize this exceptional chance to capitalize on the growing demand for student housing in Johannesburg!
Key Highlights:
- 2 adjacent stands (2 x 745sqm) with 2 semi-detached homes and a standalone structure
- Ideal location for student accommodation: close proximity to UJ, Johannesburg Business School, and Wits University
- Existing structures offer potential for redevelopment into a high-yielding student housing complex
- Ample parking and easy access to public transport hubs
- Close proximity to Spar Shopping Centre, Mays Chemist, and Campus Square
Investment Benefits:
- Maximize returns through efficient redevelopment
- Generate excellent cash flow from student rentals
- Capitalize on the growing student population in Johannesburg
- Secure a prime location with limited supply of student accommodation
Property Details:
- 2 x 230-240sqm buildings with 2 outbuildings (ideal laundry rooms)
- 4th Avenue, Melville - just off the main road
- Asking price: R 2.7 million for both stands (single transaction preferred)
Don't miss this rare opportunity!
Contact [Your Name] today to secure this prime development site and capitalize on the booming student accommodation market!
Key highlights:
1. Prime location for student accommodation
2. Investment potential and returns
3. Growing demand for student housing
4. Efficient redevelopment opportunities
Bond Payments | R |
Web Ref | RXGB-21056 |
Property Type | House |
Bedrooms | 12 |
Bathrooms | 4 |
Craig Jones
RE/MAX Town and Country (Krugersdorp)
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Monthly Bond Payment: R