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12 Bedroom House For Sale in Melville

R2 700 000

Bedroom icon 12 4

12 Bedroom House For Sale in Melville

PRIME STUDENT ACCOMMODATION DEVELOPMENT OPPORTUNITY IN MELVILLE!

Bedroom icon 12 4

12 Bedroom House For Sale in Melville

PRIME STUDENT ACCOMMODATION DEVELOPMENT OPPORTUNITY IN MELVILLE!

R2 700 000

Monthly Bond Payment: R

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4 Bedroom icon 12

Features

  • Parking 6
  • Ensuite 2
  • Lounge 2
  • Dining Areas 2
  • Laundry
  • Access Gate

Description

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

Monthly Costs

Calculated over 20 years at % with no deposit.

Bond Payments R

Property Details

Web Ref RXGB-21056
Property Type House
Bedrooms 12
Bathrooms 4

Contact Agent

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Craig Jones

RE/MAX Town and Country (Krugersdorp)

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Enquiry about property Ref:RXGB-21056

R2 700 000

Monthly Bond Payment: R

currency bond calculator
  • ZAR
  • BWP
  • EUR
  • GBP
  • NAD
  • NZD
  • AUD
  • USD
  • ZWL
  • ZMW
  • MUR

Contact Agent

No profile picture available

Craig Jones

RE/MAX Town and Country (Krugersdorp)

MessageCall me back Whatsapp
Book a viewing

Contact Craig Jones

Agent profile picture

Craig Jones


RE/MAX Town and Country (Krugersdorp)

Show number

Show number

Enquiry about property Ref:RXGB-21056