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Walk-to-campus student income property near UJ Bunting with communal study areas, outdoor chill zones and uncapped Wi‑Fi; NSFAS-accredited, six bedrooms and three bathrooms.
This furnished NFSAS accredited student accomodation is a strategically located, offering immediate, guaranteed income.
Versatile zoning:
Ideal for student housing, Airbnb, or large-scale redevelopment (commune zoning allows for densification)
Current setup:
10 students (shared rooms), but expansion potential — especially on the 2-bedroom cottage (can build upward).
Redevelopment option:
Bigger investors can demolish and rebuild modern student units (current trend in the area for higher-density, premium accommodations).
It consists of 3 Buildings with the layout as follow:
BUILDING 1 - MAIN HOUSE
3 bedrooms
1 Full bathroom (bath, shower, basin, toilet)
Living area
Kitchen
BUILDING 2 - With this unit there is expansion potential – can build upward
2 Bedrooms
1 Bathroom (bath, shower over bath, basin, toilet)
BUILDING 3
1 Bedroom
1 Bathroom
This unit will have access to main building kitchen etc.
Current Capacity - 10 students (shared rooms)
NSFAS - Monthly Rate:** R5,000 per student
Potential Annual Income:** R50,000/month at full occupancy
Commune Zoning -Allows for flexible redevelopment or expansion
With NSFAS Accreditation there is Guaranteed Demand
NSFAS-accredited with option for new owner to renew accreditation from 2025 onward — ensuring consistent rental income from government-funded students.
MNSSH-compliant, meeting all safety, space, and facility requirements for public university housing.
Prime Location:
Less then 2km walking distance to University of Johannesburg (UJ) Bunting Campus and the SABC.
Less than 5km to WITS, MANCOSA, AFDA College and major employers (SABC, Lancet Lab, telecom agencies).
Surrounded by amenities:
Campus Square, Parktown Restaurant Street, 44 on Stanley, Melville
Versatile zoning:
Ideal for student housing, Airbnb, or large-scale redevelopment (commune zoning allows for densification)
Current Security:
Maintenance:
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R1,795,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 16 listings in Brixton
Insight
Priced slightly above the median for similar properties.
Similar properties pricing
Market depth
16 similar listings
Medium similar-home inventory in Brixton
Median time on market: 213 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, historic suburb known for its eclectic community, affordable period homes, and convenient proximity to the University of Johannesburg and the bustling city center.
* Distances and amenities are approximate.