Tap into vibrant Braamfontein living near Wits and freeways—50-unit apartment block with rooftop social-area potential and R225,000 monthly income.
Apartment block FOR SALE in the heart of Braamfontein Johannesburg. The block consists of 50 units with Bedrooms, Bathrooms and Kitchens. The Penthouse can either be converted back into 4 bachelor flats or renovated as a large penthouse with a vast view of the the Joburg skyline. This block is also ideal for student accommodation with the option of a rooftop entertainment/social area. There are also two shops downstairs which add value. The monthly income generated by the property is i R225000 per month . One has easy freeway access and Wits University is within close proximity.
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* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R17,500,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 16 listings in Braamfontein
Insight
Priced above the median for similar properties in the area. On a price-per-m² basis, it is 3789% above the median. Floor size is 17% smaller than typical for similar homes.
Similar properties pricing
Market depth
16 similar listings
Medium similar-home inventory in Braamfontein
Median time on market: 268 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
Braamfontein is a vibrant, high-energy urban hub that offers residents a unique blend of historic architecture, trendy street culture, and unparalleled proximity to Johannesburg's academic and business centers.
* Distances and amenities are approximate.