R 1,299,000

THE ULTIMATE INVESTOR STARTER UP GEM - Lock In the Location, Unlock the Upside!


3
Bedrooms
1
Bathrooms
2
Parking
0
Garages
247m2
Land Size

On Show by appointment only

Investors. Look at the map. If you know real estate, you know that buildings can be changed, but position is permanent. This little gem on Perth Road, could one day be an apartment block! Westdene, is a textbook, high-density position play designed for pure investor utility. This property sits on a compact, low-overhead stand, meaning you aren’t paying for wasted land or massive maintenance. Every single square meter of this asset is geared toward one thing: location-driven rental income.

Sandwiched Between Two UJ Entrances.
This property sits neatly in the ultimate sweet spot between two different University of Johannesburg campus entrances, with one option being a mere 600m walk straight across the park. In the student accommodation game, proximity is your highest leverage. (Nisfas) When you are this close to the gates, you don’t hunt for tenants; tenants hunt for you.

Active Cash Flow + Immediate Room to Grow.
This is the perfect blend of existing income and immediate upside:

- Existing Rental Income: Start collecting rent from day one with the current active tenants already in place.

- Immediate Value-Add Potential: With open capacity ready to be filled, you have the immediate opportunity to place your own tenants and instantly increase your monthly yield the moment registration goes through.

- Furniture Included: Skip the setup costs. The property comes with student furniture already in place (beds, study desks, and storage), making it incredibly easy to market and fill the remaining spots quickly.

- 10-Year Track Record: This exact location has successfully generated consistent, reliable turnover for the current investors for a decade.

Why This is the Perfect Entry-Level Asset.

The 600m Advantage: Sitting between two campus entry points means unbeatable convenience for students and guaranteed, recession-proof demand.

The Hub of Demand: Immediate proximity to UJ, Wits, Braamfontein, and Melville ensures you are tapped into the highest-density student rental pool in Johannesburg.

Smart investors buy prime location and untapped potential. This is your chance to start small, lock down a premium geographic asset, fill the gaps, and scale your property goals with a ready-made rental engine.

Opportunities sitting directly between two campus entrances do not stay on the market.

Let me know immediately if you want to secure this position. Viewing by appointment only.
*E&OE*

Current Layout

The property is arranged as three spacious bedrooms, each large enough to comfortably accommodate the following:

- Two beds
- Two study desks
- Storage space or compact wardrobes

Some of the bedrooms also include their own private basins, providing added convenience for shared living.

The property further includes the following:

- Communal bathroom with shower, basin and toilet
- Shared kitchen area suitable for multiple tenants
- Small communal lounge space

Investment Appeal

Properties within walking distance of the university remain in consistently high demand, making this a reliable investment within the student accommodation sector. With its practical layout and prime location less than a kilometre from the university entrance, the property offers a solid foundation for continued rental income.

Additional Features

- Secure parking
- Alarm system
- Security gates and burglar bars
- Low maintenance outdoor space
- Outbuilding for extra accommodation possibilities.

Viewing by appointment. E&OA
 

Property overview

 Rates
R 977
 Land Size
247 m2
 Property Ref
M132432

What this place offers


Profile Picture
Maria Conradie
• S H A R E •
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