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Brixton, Brixton, Johannesburg, Gauteng
R 1 650 000
An exceptional opportunity to acquire a well-maintained, income-generating student accommodation property situated on a prominent corner stand. Thoughtfully configured over two levels, this property has been designed to provide comfortable communal living while offering practical, low-maintenance management for the investor. The ground floor features a spacious master bedroom with its own private entrance, handmade burglar bars, newly tiled floors and a full en-suite bathroom with a bathtub, making it ideal for an owner-manager, caretaker or premium rental accommodation. A separate entrance leads to the student accommodation section, where three generously sized bedrooms share a welcoming entrance hall, a communal bathroom comprising a shower, toilet and basin, and a recently renovated communal kitchen. The kitchen offers ample built-in cupboards, granite countertops, a compliant gas hob, plumbing for a washing machine, and freshly painted walls and ceilings. Each bedroom is fitted with built-in cupboards and comfortably accommodates a single bed, study desk and chair. Upstairs are five additional bedrooms of varying sizes, all fitted with built-in cupboards and serviced by another beautifully renovated communal kitchen with a compliant gas stove, plumbing for a washing machine, and a modern shared bathroom with a shower, toilet and basin. Insulated ceilings on the upper level enhance comfort throughout the year. Outside, the property offers excellent functionality and security with an ornamental perimeter fence, two separate vehicle entrances from different streets, paved driveways, two covered carports and a convenient storeroom. Adding further value is an energy-efficient 7.6 kW heat pump system serving the property, helping to reduce operating costs. As an added bonus, the sale includes virtually all movable furniture currently used in the accommodation, with the exception of one vanity unit, allowing a purchaser to continue operations with minimal additional capital outlay. This is an ideal investment for buyers seeking a well-positioned student accommodation property with established infrastructure, generous accommodation capacity and excellent long-term income potential. Key Features: Corner stand 8 student bedrooms plus private master suite 2 renovated communal kitchens with compliant gas stoves Granite countertops and built-in cupboards 2 communal bathrooms plus private en-suite Plumbing for washing machines in both kitchens Insulated ceilings upstairs Handmade burglar bars Ornamental perimeter fencing Two separate vehicle entrances Two carports and storeroom Paved driveways Energy-efficient 7.6 kW heat pump Most movable furniture included in the sale Currently configured for private communal or student-style accommodation, the property is not NSFAS approved, and purchasers must independently verify all zoning, heritage, municipal and operational requirements. Please contact me to arrange a private viewing
Estimated monthly repayment
R 15 581
on a R 1 485 000 bond over 20 years at 11.25%
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Brixton, Brixton, Johannesburg, Gauteng
Listed by
Bongani Tshabalala
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