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5 bedroom house with 2 bathrooms, kitchen, and 2 outbuildings; 90% tenanted in Vrededorp.
5 Bedroom house, with bathroom and kitchen,
2 Outbuildings:
1 Bachelor unit with a bathroom and kitchenette and a second, separately large enclosed room
A second outbuilding has a bathroom and needs renovating.
A small lounge and functional kitchen meet all the needs.
Each room has a bed, wardrobe, desk and chair.
This investment is semi-furnished.
Room rentals start from R15000 upward depending on room size.
Vrededorp is right next to UJ Bunting campus and Wits Sports Grounds thus highly sought after by students in Braamfontein and young professionals.
This property needs a little TLC, with 90% tenanted
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* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R699,000
Price reduced by 7.0% to R650,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 211 listings in Johannesburg (town)
Insight
Priced below the median for similar properties in the area.
Similar properties pricing
Market depth
211 similar listings
High similar-home inventory town-wide (Johannesburg)
Median time on market: 121 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
Vrededorp is a historic, centrally located suburb in Johannesburg that offers affordable urban living with close proximity to major academic institutions and the vibrant economic hubs of the city center.
* Distances and amenities are approximate.
