R 2 150 000 | 7 bed property for sale in westdene

Calling all investors! Looking for a passive income with a good return on investment? I have just the option for you! Well positioned in the established suburb of Westdene is this 7 bedroom house. Currently offering student accommodation with University of Johannesburg accreditation. The property has communal rights and can accomodate 7 students at a rate of R5 000.00pm. The house features 7 bedrooms with two bathrooms, both fitted with showers, basins and toilets. There is communal kitchen and lounge area. The property is being sold with the furniture. In the back of the property a slab with a foundation has been laid with approved plans to construct a second dwelling. The projected net monthly income is R25 620.00 with an annual ROI of R237 440.00 Please don't hesitate to contact me to arrange for an appointment to view. Gail Henning, Registered with the PPRA as a Candidate Property Practitioner under Real Royal Commercial Properties (Pty) Ltd t/a Century 21 Alberton, registered with the PPRA as a Business Practitioner, who does not operate a trust account.