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Secure steady rental returns near colleges and transport; 12 bachelor units each with kitchenette and shower — income-generating now with clear upside for investors.
Are you into the business of providing affordable accommodation? Then, this is for you to expand your business terrain and maximize your financial capacity.
This wholesome opportunity provides every investor to purchase these 12 units of bachelor apartments.
Then this is for you to maximize your business terrain and financial capacity.
Each unit have sustainable bedroom, kitchenette, fitted with shower and toilet.
This property CAN generate above R43,000.00 monthly in the new phase, BUT presently generates approximate R35,000 and netts R27,500 monthly. A good entrepreneur will restore this property to its glorious beauty and nett higher income with the presence colleges and skilled workers hunting affordable accommodation.
Joseph is just a dial away!
Listed for sale at R1,780,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 220 listings in Johannesburg (town)
Insight
Priced below the median for similar properties in the area. On a price-per-m² basis, it is 59% above the median. Floor size is 53% smaller than typical for similar homes.
Similar properties pricing
Key differences
Affordability
R 17,473 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
220 similar listings
High similar-home inventory town-wide (Johannesburg)
Median time on market: 170 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
Jeppestown South offers a mix of industrial and residential spaces, presenting an urban living environment with convenient access to Johannesburg's city center and surrounding areas.
* Distances and amenities are approximate.
