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Putney Rd, Auckland Park


R 3 990 000

Property Description

Invest in perfect student accommodation!
We proudly present an exceptional property that combines the best of both worlds: a successful guesthouse and a potential student accommodation venture. This gem has everything you need to make a smart investment and secure a promising future.

Located in a highly sought-after area, this property boasts 8 spacious en suite bedrooms with breathtaking views of the Johannesburg skyline. Imagine waking up to panoramic vistas that inspire and invigorate every day! With a solid 80% occupancy rate established over the past 11 years, you can count on a steady income stream from day one.

One of the major advantages of this property is its strategic location close to the water tower. Say goodbye to load shedding woes! With uninterrupted power supply, you can offer your guests a seamless experience and eliminate any inconveniences. This reliability sets you apart from the competition and ensures a loyal client base.

Speaking of clients, this property will attract students from renowned institutions such as UJ and Wits universities, as well as professionals working in nearby hospitals. With its proximity to these academic and medical hubs, your occupancy rates are destined to soar. Take advantage of the high demand for quality accommodation and tap into a lucrative market.

As you explore the property, you'll be delighted by the extensive amenities it has to offer. The property comes fully furnished. The pool area provides a relaxing oasis for your guests. Additionally, the boardroom, study, and two storerooms provide versatile spaces to meet various needs. The open-plan lounge, dining area, and kitchen create a welcoming atmosphere for socializing and bonding.

The upmarket kitchen is complete with a spacious laundry and scullery area. And with the inclusion of backup water tanks, you can ensure a constant water supply, even during times of scarcity. These thoughtful additions contribute to the overall value and convenience of the property.

In summary, this investment opportunity offers incredible potential and value in multiple ways. With an established guesthouse, prime location, stunning views, and a target market of students and professionals, your success is virtually guaranteed. Don't miss out on this chance to make a sound investment and secure a bright future in the lucrative student accommodation sector.

Contact us today to arrange a viewing and seize this exceptional opportunity! Your investment dreams start here.

Rensia van Aswegen

House: A single-family dwelling with a roof and walls, intended for people to live in.

Apartment: A unit within a multi-unit residential building that typically shares walls with other units.

Condo: A privately owned individual unit within a larger building or community, where owners share ownership and maintenance of common areas.

Townhouse: A type of housing that shares one or more walls with adjacent units, typically with multiple floors and a small yard or patio.

Mortgage: A loan used to purchase a property, with the property serving as collateral for the loan.

Homeowner: A person who owns a home or other property.

Real estate agent: A licensed professional who helps people buy, sell, or rent properties.

Property value: The estimated worth of a property based on factors such as location, size, and condition.

Foreclosure: The legal process by which a lender takes possession of a property from a borrower who has defaulted on their mortgage payments.

Zoning: The process by which local governments regulate the use of land and buildings within their jurisdiction.

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082 571 1809









Main Location

Auckland Park

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