R 2,299,99912 bedroom home in Johannesburg, Westdene
View photo galleryPhotos
Watch videoVideo
View photo galleryPhotos
1 of 50
Watch videoVideo
R 2,299,99912-BEDROOM INCOME-GENERATING STUDENT ACCOMMODATION – WESTDENEJohannesburg, Westdene
12 3 4 200 m² 495 m²
Prime Investment Opportunity | Fully Occupied | R39,600 Monthly Rental Income | 1.5 km from UJ APK
This well-positioned accommodation property in Westdene, Johannesburg presents an excellent investment opportunity for investors looking for an established, income-generating property with strong rental demand.
Currently 100% occupied by young professionals, the property generates a gross rental income of approximately R39,600 per month, with each of the 12 occupants paying R3,300 per month.
The property is also ideally suited to the student market, given its close proximity to the University of Johannesburg APK Campus, which is approximately 1.5 km away.
PROPERTY FEATURES
The accommodation consists of 12 single rooms, divided into three separate sections.
Each section offers:
* 4 single bedrooms
* 1 communal bathroom
* 1 communal kitchen
This creates three relatively independent living areas within the property, with only four occupants sharing the bathroom and kitchen facilities in each section.
Additional Features
* 12 single rental rooms
* 3 communal kitchens
* 3 communal bathrooms
* Fully furnished
* Wall-panel heaters in every room
* Communal Wi-Fi available to all occupants
* Water included in the rental
* Electricity included in the rental
* Fully occupied
* Established rental operation
* Furniture included in the sale
INVESTMENT RETURNS
The property currently has 12 paying occupants at R3,300 per room.
Monthly gross rental income: R39,600
Annual gross rental income: R475,200
The property is therefore positioned as an attractive cash-flow investment, with an established tenant base already in place.
Gross income figures are before operating expenses, maintenance, rates, taxes, insurance and other applicable property costs.
FULLY COMPLIANT PROPERTY
One of the key advantages of this investment is that the necessary compliance and municipal documentation is in place.
The property has:
* Electrical compliance certificate
* Plumbing compliance
* Commune consent
* Municipal-approved building plans
* Residential rezoning/approval in place
This provides an investor with greater peace of mind when acquiring an established accommodation property.
PRIME WESTDENE LOCATION
Located in Westdene, the property is ideally positioned for the student and young-professional rental market.
The University of Johannesburg APK Campus is approximately 1.5 km away, providing convenient access for students, university staff and visitors.
Residents also have easy access to surrounding areas including Auckland Park, Melville, Brixton, Sophiatown and Johannesburg CBD.
Nearby Amenities
The surrounding area offers a variety of amenities and services, including:
* UJ APK Campus – approximately 1.5 km
* Shoprite Sophiatown – convenient access for groceries and everyday shopping
* Local supermarkets and convenience stores
* Restaurants, takeaways and cafés
* Public transport routes
* Schools and educational institutions
* Sports and recreational facilities
* Melville’s restaurants, cafés and entertainment venues
* Easy access to Auckland Park and Brixton
* Convenient access to major Johannesburg routes
The location offers the combination of student demand, young-professional demand, shopping convenience and accessibility that makes Westdene an established accommodation market.
SOLD WITH FURNITURE & EXISTING TENANTS
The property is being sold fully furnished, allowing the new owner to continue operating the accommodation with minimal additional setup.
With all 12 rooms currently occupied, the incoming investor has the opportunity to take over an existing accommodation operation with tenants already in place, subject to the terms of the sale and existing rental agreements.
INVESTMENT HIGHLIGHTS
* 12 income-generating rooms
* 100% occupied
* R39,600 current gross monthly rental
* R475,200 gross annual rental
* R3,300 per room per month
* Approximately 1.5 km from UJ APK
* Ideal student and young-professional location
* Fully furnished
* Furniture included in the sale
* Wi-Fi available
* Water and electricity included
* Wall-panel heaters in every room
* 3 kitchens and 3 bathrooms
* Commune consent in place
* Approved municipal plans
* Electrical and plumbing compliance
* Residential rezoning/approval in place
* Established rental operation
A TURNKEY ACCOMMODATION INVESTMENT
Whether you’re an experienced property investor or looking to enter the student and young-professional accommodation market, this property offers an opportunity to acquire an established, fully occupied rental property in a high-demand area close to UJ.
12 rooms. Existing tenants. Established income. Furniture included. Compliance in place. Excellent location.
Contact us today to arrange a viewing and discuss this investment opportunity.
Read More
Read Less
Garden
Patio
Security
Pet friendly
Listing Number
7673277
Type of Property
House ( Full Free Title)
Listing Date
08 Sep 2026
Erf Size
495 m²
Floor Size
200 m²
Rates and Taxes
R2100
Furnished
Yes
Bedrooms
12
Bathrooms
3
Kitchen
1
Livingroom
1
Garage
0
Parking
4
Alarm System
Perimeter Wall
Calculator
Click to start your bond pre-qualification process
+Pre-qualify
*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. PlusGroup does not accept liability for any damages arising from the use of this calculator.
Calculator
Scan here!To start your bond pre-qualification process
*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. PlusGroup does not accept liability for any damages arising from the use of this calculator.