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Offers from R1250 000 will be considered, Owner asking R1270 000!!
This property is currently being used as a commune with an income of R13 300pm. Not fully occupied. When rerouted to student accommodation your income margin will be substantially greater!! Potential income of 24 000 as a commune or to R40 000pm for students.
Situated 1.2 km to the University of Johannesburg and walking distance to Melville Boulevard Shopping Centre.
0ffering 8 rooms of which 3 of the 8 rooms are double size room for room share. The pool needs to be refurbished but a definite attraction for students for their relaxation.
Contact me at any time for a viewing appointment and see the potential the property has to offer!!
