House for sale
NSFAS Accredited Property
Turnkey high-yield student accommodation near campus, fully occupied and generating ~R60k/month. Features 13 bedrooms, JoJo water-harvesting tank, cottage, and R3 rezoning for expansion.
Do you have a penchant for profit? Look no further than this lucrative NSFAS/POSA student accomodation with 13 bedrooms fully occupied every year generating an income of +-R60K per month. 24 Carat gold in this property.
There are 10 bedrooms in the main house with a kitchen, 2 separate combined toilets and showers. Outside is a cottage self contained with it's own toilet, shower and small kitchen. Property has a JoJo tank which harvests water.
This property is rezoned residential 3 for 16 bedrooms, so additional 3 bedrooms can be added. If this is the type of investment you are looking for please call me to arrange viewing and a no holds barred meeting.
Ownership costs
Property history
Listed for sale at R3,050,000
Smart property insights
Wide price range across Johannesburg
Prices vary widely across Johannesburg, so a like-for-like comparison isn't reliable for this home.
Above the typical range for Johannesburg.
Market depth
177 similar homes
185 listings across Johannesburg
93 days
Median time on market
Many similar homes
Active across Johannesburg
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
