R 2,350,000
Prime Auckland Park Opportunity: Family Home or Lucrative Student Accommodation
Ref # 2369223 : Auckland Park , Johannesburg , Gauteng
Property Details
Discover unparalleled potential in the heart of Auckland Park.
This substantial multilevel property offers a rare blend of family comfort and exceptional investment opportunity, mere steps from the University of Johannesburg's main campus and a short stroll to Campus Square.
Currently a spacious family residence, this home boasts:
- Four generous bedrooms and three full bathrooms, ensuring ample space for family living.
- Elegant living areas, including a lounge, dining room, and open-plan entrance hall.
- Practical features like a double garage, two covered parking bays, and comprehensive security measures: electric fence, security gates, and burglar bars.
- Distinctive architectural detail with a corrugated iron roof elegantly enhanced by tile cladding on the front facade.
- Spectacular city views from its elevated position.
The true gem? A large, completely independent outside cottage. This versatile space, with its own entrance, presents endless possibilities. Reopen the existing gate to create a separate access, ideal for Airbnb income or extended family living.
Investment Potential:
- This property's location is a goldmine for student accommodation. Similar properties in the immediate vicinity, of comparable size, are commanding R5800 per room with full occupancy, with up to 27 rooms. Imagine the returns!
- A few houses down the road is a prime example of this potential.
- The property's proximity to UJ makes it an irresistible draw for students and young professionals.
Don't miss this chance to secure a prime piece of Auckland Park real estate. Whether you're seeking a spacious family home or a high-yield investment, this property delivers.
Call now to schedule your exclusive viewing or for more details.
Property Features
- Property Type House
- Beds 4
- Bath 3
- Garages 2
- Carports 2
- Building Size
- Stand Size 669m²
- Living Area 2
Associated Costs
- Rates & Taxes ± 2386.97
Location
Enquiry
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