6 Bedroom House For Sale in Johannesburg

Property description

This furnished NFSAS accredited student accomodation is a strategically located, offering immediate, guaranteed income.

Versatile zoning:
Ideal for student housing, Airbnb, or large-scale redevelopment (commune zoning allows for densification)

Current setup:
10 students (shared rooms), but expansion potential — especially on the 2-bedroom cottage (can build upward).

Redevelopment option:
Bigger investors can demolish and rebuild modern student units (current trend in the area for higher-density, premium accommodations).

• Commune zoning simplifies approvals for expansion or redevelopment.

It consists of 3 Buildings with the layout as follow:

BUILDING 1 - MAIN HOUSE
3 bedrooms
1 Full bathroom (bath, shower, basin, toilet)
Living area
Kitchen

BUILDING 2 - With this unit there is expansion potential – can build upward
2 Bedrooms
1 Bathroom (bath, shower over bath, basin, toilet)

BUILDING 3
1 Bedroom
1 Bathroom
This unit will have access to main building kitchen etc.


Current Capacity - 10 students (shared rooms)

NSFAS - Monthly Rate:** R5,000 per student
Potential Annual Income:** R50,000/month at full occupancy
Commune Zoning -Allows for flexible redevelopment or expansion


With NSFAS Accreditation there is Guaranteed Demand

NSFAS-accredited with option for new owner to renew accreditation from 2025 onward — ensuring consistent rental income from government-funded students.

MNSSH-compliant, meeting all safety, space, and facility requirements for public university housing.

Prime Location:
Less then 2km walking distance to University of Johannesburg (UJ) Bunting Campus and the SABC.
Less than 5km to WITS, MANCOSA, AFDA College and major employers (**SABC, Lancet Lab, telecom agencies**).

Surrounded by amenities:
Campus Square, Parktown Restaurant Street, 44 on Stanley, Melville

Versatile zoning:
Ideal for student housing, Airbnb, or large-scale redevelopment (commune zoning allows for densification)

• Fully furnished rooms (beds, study desks, Wi-Fi boosters, etc.)
• Uncapped Wi-Fi
• Study areas
• Communal kitchens
• TV lounges
• Outdoor chill zones

Current Security:
• ADT armed response
• Panic buttons
• Burglar-proofing
• 24/7 live-in caretaker

Maintenance:
• Weekly cleaning
• Garden services in place