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House for sale
Earn steady income in vibrant Brixton on Caroline Street with a seven bedroom student rental accommodating fifteen students, upgraded kitchen, separate outside suite and extension potential.
REDUCED BY OVER R100 000
Quality student accommodation / private rental investment, for sale in Caroline Street, Brixton
In total accommodating 15 students
Heres an example of the potential income you can generate through this property
Listing price: R1 595 000
Purchase price: R1 500 000
Monthly repayment: R14 000
Monthly rental income: R55 000
Profit every month: R41 000
Profit for the year: R492 000
The property offers a main home, with 3 large rooms, accommodating 2 students each and 3 students in the third room
A double tandem garage, which accommodates 2 students each, totaling 4 for the section. With its own entrance
A separate outside suite with its own bathroom and own entrance
The bathroom in the main home has both a bath and a shower
The kitchen has been beautifully upgraded and is spacious
A large double lounge, easily converted to 2 rooms
A sun room
Additional space for extension, comfortably accommodating 4 more large rooms
This is a quality investment, in a top location. The property has been extremely well maintained with no work needed. Huge potential for extension and additional rooms, and in turn huge potential to add to the income it is already generating
Listed for sale at R1,595,000
Price reduced by 6.9% to R1,485,000
How this home compares with 16 active listings in Brixton.
Insight
Priced 10% below the local median — but still inside the typical range for Brixton.
Similar properties pricing
Market depth
16 listings
Similar homes in Brixton
268 days
Median time on market
Medium inventory
Active in Brixton
Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
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.
