Invest in Troyeville's vibrant student hub — a secured, 62-unit complex with bright west-facing units, private patios and strong rental potential; 30 bedrooms and 20 bathrooms.
Discover an unparalleled investment opportunity in the heart of Troyeville with this expansive and strategically positioned security complex. Boasting a massive floor area of 2803 m/sq on a generous 3200 m/sq ERF, this property is perfectly tailored for the bustling University College Community, making it an ideal choice for high-yield student accommodation or multi-tenant living.
This contemporary complex features a remarkable 42 units, designed with an inviting open-plan style. The diverse range of configurations includes sought-after bachelor studios and multi-bedroom apartments, collectively offering an impressive 55 bedrooms and 47 modern bathrooms across all units. Each of the 42 units is equipped with its own open-plan kitchen, complemented by a total of 42 comfortable lounges spread throughout the property.
Units are thoughtfully distributed across the Ground Floor, First Floor, and Second Floor and above, providing varied options to suit different preferences. Enjoy the benefit of abundant natural light, with many units offering bright, west-facing aspects. The complex further enhances its appeal with two dedicated domestic rooms, charming patios perfect for relaxation, and robust security gates ensuring peace of mind for all residents.
This is more than just an apartment building; it's a strategic asset offering significant rental income potential within a vibrant and demand-driven community.
N/B; This property has a total of 62 units which are all for sale
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R13,037,999
Troyeville is a historic, bohemian suburb known for its eclectic Victorian architecture, vibrant artistic community, and convenient proximity to the Johannesburg inner city and major transit routes.
* Distances and amenities are approximate.