Web Ref No CEWR-6265

Unlock significant rental income with this well-positioned property in Diepkloof, perfectly suited for student accommodation or general rental purposes. The main dwelling comprises a comfortable 1-bedroom house with a lounge and kitchen, providing a potential additional income stream.

The key feature for investors is the seven (7) purpose-built outside double-story rooms. These rooms are designed to maximize rental potential, with one offering the convenience of an en-suite bathroom. A dedicated communal bathroom with both a bathtub and shower caters to the other residents.

Benefit from immediate returns as six (6) of the outside rooms are currently occupied by tenants. The potential to rent out the remaining outside room and the main house presents an impressive projected total monthly income of R20,000.00.

The location is a major asset, offering unparalleled access to a wide range of amenities. It is situated conveniently near the University of Johannesburg and George Tabor College, making it a highly desirable option for students. Furthermore, residents will appreciate the proximity to Baragwanath Hospital, Dr SK Matseke Memorial Hospital, Mandela Sisulu clinic, multiple schools, the local police station, Bara mall, Black chain shopping centre, churches, and petrol filling stations.

Approved plans are in place for both the main house and the outside rooms, providing peace of mind for investors. Secure your future income with this outstanding investment opportunity!