Houghton Estate » Johannesburg » Gauteng

Home Of Multiple Occupancy Or Small Hostel For Sale

Ref # 1962226

R 3,600,000

Property Details

  • 8 Beds
  • 5 Baths
  • 2 Garages
  • 2,000m²
  • 1,000m²

If you're looking to find accommodation or office and living space for a for a team of employees or Staff, or if your looking to run a hostel or Dormitory for Students studying at WITS or UJ, this is your opportunity.

The house is set on a piece of land that is 2000 sqm and the building it's self is over 1000sqm under roof.

it comprises of a minimum of 8 large bedrooms, 5 bathrooms, 2 kitchens, 2 lounges, and various other living rooms. It has 3 staff quarters, a garden and Pool, 2 car garage and space for 4 visitor parking bays in the drive way.

Situated off Louis Botha across the road from renown King Edwards School, its has great locality to major transport routes to JHB CBD, universities, schools and various places of work.

Don't miss out on this rare opportunity to start your business in running a HMO or add to your existing portfolio. This property has a good potential to achieve good return through multiple tenants each paying rental for a room or bed in a communal living environment.

Property Features

  • Property Type House
  • Beds 8
  • Bath 5
  • Garages 2
  • Carports 4
  • Pool Yes
  • Flatlet Yes
  • Building Size 1,000m²
  • Stand Size 2,000m²
  • Living Area 4
  • Study 2
  • Staff Quarters 1
  • FibreToHome: 1 Yes
  • Study: 2 Yes
  • OpenParking: 4 Yes
  • Uncovered Parking Yes
  • Garden Yes
  • Pets Allowed Yes

Property Costs

  • Rates & Taxes ± R1,850

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  • Steven Ellis
  • Agent