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Investment opportunity: 10-bedroom student accommodation near UJ, fully occupied, with CoJ consent for commune operation.
Do you have a penchant for profit? Another lucrative student accomodation is up for grabs. Bargain. On any other raid you will pay more. Ideally positioned close to UJ gate 4. Fully occupied because of its proximity to UJ.
This 10 bedroomed property has CoJ consent to operate as a commune. Your next stage is NSFAS application.
Main house has 5 bedrooms of which one of the bedrooms is ensuite, modern kitchen with gas stove, relaxing area, scullery and 2 separate bathrooms and toilet.
Cottage 1
1 bedroom, combined bathroom and toilet and separate kitchen with gas stove.
Cottage 2
4 big bedrooms of which one bedroom is ensuite, large kitchen with gas stove also including combined bathroom and toilet. There is also an outside washing sink.
Property is alarmed with electric fence and outside beams.
If this is the type of investment property you are looking for, please give me a call to arrange viewing.
Listed for sale at R1,875,000
Price reduced by 1.3% to R1,850,000
Price reduced by 2.8% to R1,799,000
Price reduced by 2.7% to R1,750,000
Price reduced by 2.9% to R1,700,000
Price reduced by 1.5% to R1,675,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 16 listings in Brixton
Insight
Priced close to the median for similar properties.
Similar properties pricing
Affordability
R 16,443 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
16 similar listings
Medium similar-home inventory in Brixton
Median time on market: 210 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
Brixton is a vibrant and historic suburb offering a diverse community, affordable housing options, and a convenient location close to Johannesburg's city center.
* Distances and amenities are approximate.
