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Live on heritage-rich, tree-lined 2nd Avenue in Melville with income-generating north-facing en-suite flatlets, steps from universities and cafes — main house has 2 beds, 2 baths, two covered parking.
Secure a strategic asset on beautiful, heritage-rich 2nd Avenue, renowned as one of Melville's most sought-after tree-lined streets. This investment package includes a 2-bedroom main house plus two newly renovated, income-generating flatlets, both designed en-suite and North-facing for superior natural light. This combination of premium features and an unbeatable location near higher education institutions ensures maximum rental appeal and guarantees consistent demand for this premier student accommodation investment.
Don't miss out! Contact us to arrange your viewing immediately—this desirable property won't last.
Listed for sale at R1,800,000
Price reduced by 5.6% to R1,700,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 135 listings in Johannesburg (town)
Insight
Priced above the median for similar properties in the area. On a price-per-m² basis, it is 8% below the median. Floor size is 150% larger than typical for similar homes.
Benchmark uses town-level data where suburb sample size is limited. Premium areas may trade above town averages - check with the agent for local guidance.
Similar properties pricing
Key differences
Affordability
R 16,688 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
135 similar listings
High similar-home inventory town-wide (Johannesburg)
Median time on market: 129 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
Melville is a vibrant and eclectic suburb known for its bohemian atmosphere, lively nightlife, and diverse culinary scene, making it an attractive place to live for young professionals and creatives.
* Distances and amenities are approximate.
