13 Bedroom House in Brixton

13 Unit House For Sale in Brixton, Johannesburg 13 Doors. One Title Deed. Endless PossibilitiesWhat if your next property started paying you from Day OneForget waiting months to find tenants. Forget wondering whether your investment will generate income.This Brixton income-producing property is already doing exactly what investors want it to do...working for its owner every single month.Located just minutes from the University of Johannesburg and surrounded by hospitals, major transport routes, shopping centres and employment hubs, this fully tenanted 13-unit investment property enjoys consistent rental demand in one of Johannesburgs strongest affordable rental markets.The Numbers Investors Love13 Income-Producing Units10 Units R2,600 pm2 Units R3,000 pm1 Unit R2,200 pmCurrent Monthly Rental Income: R34,200Gross Annual Rental Income: R410,400Smart ConfigurationSeven of the rooms are private ensuite units, while the remaining rooms enjoy shared kitchen and bathroom facilities, allowing you to cater for multiple tenant profiles while keeping operating costs efficient.Low Maintenance IncomePrepaid electricity for every unit tenants pay their own usageMunicipal account approximately R4,000 per month, including waterFully occupiedMonth-to-month tenancies provide flexibility to review rentals or optimize the income stream as market conditions improve.Investment SnapshotAt an asking price of what should technically be R2,850,000 due to the rental income alone, but is being offered at a steal at R1 750 000.00 this property offers:Gross Yield: 14.4 per annumStrong monthly cash flow from an established tenant baseExcellent opportunity to improve returns through rental optimization and formal lease implementationThe Growth StoryProperty isnt just about todays income...Assuming a conservative:7 average annual capital appreciation5 annual rental escalationYour investment could look something like this:Year Estimated Property Value Estimated Annual Rental IncomeToday R2,850,000 R410,400Year 1 R3,049,500 R430,920Year 2 R3,263,000 R452,466Year 3 R3,491,000 R475,089Year 4 R3,736,000 R498,844Year 5 R3,998,000 R523,786Potential capital growth over five years: R1.15 millionProjected annual rental income after five years: Over R520,000Why BrixtonBrixton continues to experience strong demand from:University studentsMedical staffYoung professionalsPublic transport commutersIts proximity to the University of Johannesburg, Wits, major hospitals, Johannesburg CBD, Melville and Auckland Park makes vacancies historically low for well-managed accommodation.Why Investors Will Love ItImmediate rental incomeStrong gross yieldMultiple income streams from one propertyPrepaid electricity reduces owner riskFlexible month-to-month tenant agreementsOpportunity to increase rentals over timeExcellent long-term capital appreciation potentialOpportunity Doesnt Knock 13 Times...It knocks once...With thirteen paying tenants already behind the door.Income-producing properties with this level of occupancy, strong rental demand and attractive yield are becoming increasingly difficult to find.Whether youre expanding an existing portfolio or purchasing your first multi-let investment, this Brixton gem is positioned to generate income today while building wealth for tomorrow.Schedule your private viewing and discover why savvy investors know that cash flow is kingand this property wears the crown.Investor Note: Gross yields and projections are estimates based on the current rental roll and the assumptions of a 5 annual rental increase and 7 annual capital appreciation. Actual performance will depend on operating expenses, market conditions, vacancies, maintenance costs, financing structure, and management practices. A detailed income and expenditure schedule can be made available to qualified purchasers. Show more Show less

Brixton, Brixton, Johannesburg Central, Gauteng