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R1,688,000

R1,688,000

17 Bedroom House For Sale in Brixton
17
Bedrooms
4
Bathrooms
Print

Great investment opportunity in student accommodation

Web Ref. RL938203
Floor size 496.00 m²
Monthly Bond Repayment
R17,423.34
Located conveniently on Collins Street, Brixton and a walking distance from the University of Johannesburg , shopping centers such as Campus Square and all the surrounding colleges in the area. Easily accessible to public transport. The house is vandalised and maintenance to be spent is R200K. It can take up to 17 students and is accredited by NSFAS. So you can generate R59500 per month or more than R595000 per annum in rental income. The house has 17 rooms, 2 kitchens, 4 bathrooms, and 4 toilets. This property is just waiting for the decorator in you to emerge and spend a little to gain a lot.
Monthly Rates R700

Features

Interior
17 Bedrooms
4 Bathrooms
1 Kitchen
Sizes
Floor Size 496 m²
Listing Info
Date Listed 18-09-23
Time Listed 11:45

Brixton, Johannesburg

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