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High-yield student accommodation near campus and transport, generating R60K monthly—includes 13 bedrooms, 3 bathrooms, self-contained cottage and JoJo tank; rezoned for 16 bedrooms.
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.
Listed for sale at R3,250,000
Price reduced by 3.1% to R3,150,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 16 listings in Brixton
Insight
Priced above the median for similar properties in the area.
Similar properties pricing
Affordability
R 30,922 / 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: 209 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.
