R2,200,000
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Viewed: 200

Newly refurbished student accommodation...

Lothbury Avenue, Auckland Park, Johannesburg

Ref: 1162

Description of property

Recently refurbished student accommodation. Main house with modern kitchen (6 bar stools, stove, microwave, fridge and washing machine included), 6 bedrooms (5 double bedrooms and 1 single bedroom) and 3 bathrooms. Bathroom 1 has 3 showers, 3 toilets and basins. Bathroom 2 has 2 showers, 2 toilets and basins. The third bathroom has 1 shower, 1 toilet and basin and is rented with 1 bedroom as a private bathroom. Large entrance hall. Cottage 1: 2 beds, bathroom and kitchen. Cottage 2: 2 beds, bathroom and kitchen. Cottage 3: 1 bed, bathroom and kitchen. Communal rondavel TV lounge (couch, TV and TV stand included). Undercover parking for 6 cars. Open parking for 3 cars. Currently, 85% tenanted and earning R40 300 per month. Potential earnings: R48 600 when fully tenanted. Each bedroom is newly furnished with beds, desks, chairs and wardrobes and is included in sale price. Well managed and maintained. The perfect income earning property close to Wits and UJ. All lease agreements available on request.

Property Details

  • Price
  • R2,200,000
  • Property Type
  • House
  • ERF
  • 892 m²
  • Occupation Date
  • On agreement
  • Levies
  • R746.75

Rooms & Areas

  • Bedrooms
  • 6
  • Bathrooms
  • 3
  • Kitchen
  • Yes
  • Entrance Hall
  • 1
  • Open Parking
  • 3
  • Covered Parking
  • 6

Property Features

  • Security
  • Excellent
  • Access Gate
  • Yes
  • Built-in Cupboards
  • Yes
  • Fireplace
  • Yes
  • Garden Cottage
  • Yes
  • Communal lounge lapa
  • Yes

Contact Agent:

Jeanine Oosthuizen

Certified Estate Agent, South Africa
  • Tel  : 011 447 2556
  • Cell : 083 708 3357



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