House For Sale in Melville, Johannesburg

Seize this exceptional chance to capitalize on the growing demand for student housing in Johannesburg!

Key Highlights:

– 2 adjacent stands (2 x 745sqm) with 2 semi-detached homes and a standalone structure
– Ideal location for student accommodation: close proximity to UJ, Johannesburg Business School, and Wits University
– Existing structures offer potential for redevelopment into a high-yielding student housing complex
– Ample parking and easy access to public transport hubs
– Close proximity to Spar Shopping Centre, Mays Chemist, and Campus Square

Investment Benefits:

– Maximize returns through efficient redevelopment
– Generate excellent cash flow from student rentals
– Capitalize on the growing student population in Johannesburg
– Secure a prime location with limited supply of student accommodation

Property Details:

– 2 x 230-240sqm buildings with 2 outbuildings (ideal laundry rooms)
– 4th Avenue, Melville – just off the main road
– Asking price: R 2.7 million for both stands (single transaction preferred)

Don’t miss this rare opportunity!

Contact [Your Name] today to secure this prime development site and capitalize on the booming student accommodation market!

Key highlights:

1. Prime location for student accommodation
2. Investment potential and returns
3. Growing demand for student housing
4. Efficient redevelopment opportunities