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Sandown, Sandown, Sandton, Gauteng
R 6 000 000
An outstanding income-generating investment property located in the heart of Sandown, within a secure, boomed-off area. This property offers a strong and proven return on investment and is fully let, with all 12 units occupied ensuring immediate and consistent rental income. The property comprises 12 private, self-contained units, each designed to offer complete independence and privacy. Every unit includes its own kitchen, living space, and en-suite bathroom, making it highly attractive to students and young professionals. 10 modern bachelor units featuring granite kitchen countertops, open-plan living and sleeping areas, and en-suite bathrooms with showers 2 one-bedroom units offering a separate bedroom, private living area, granite-topped kitchens, and en-suite bathrooms with showersThe property is further enhanced by excellent communal amenities, including a swimming pool, a large landscaped garden, and ample on-site parking, all of which contribute to high tenant demand and long-term occupancy. Each unit is fitted with its own prepaid electricity meter, allowing for efficient, cost-effective management and significantly reducing operating overheads for the owner. The property is further enhanced by excellent communal amenities, including a swimming pool, a large landscaped garden, and ample on-site parking, all of which contribute to high tenant demand and long-term occupancy. Ideally positioned close to major business nodes, transport routes, and tertiary institutions, this asset benefits from consistent rental demand, low vacancy risk, and attractive yields, making it an ideal acquisition for investors seeking a secure, well-located student accommodation investment in Sandton. Rental schedule, financials, and yield details available on request. Contact me to arrange a private viewing or for further investment information. REDLEX 512 (PTY) LTD trading as RE/MAX Property Merchants (Mooikloof) operates in terms of a franchise agreement with RE/MAX of Southern Africa.
Estimated monthly repayment
R 56 660
on a R 5 400 000 bond over 20 years at 11.25%
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Sandown, Sandown, Sandton, Gauteng
Liivra AI market value
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Listed by
Noluthando Mbeki
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