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Brixton, Brixton, Johannesburg, Gauteng
R 2 999 999
Exceptional Investment Opportunity in Brixton, Johannesburg *Negotiating Offers from R 2 999 999* **Owners Asking R 3 800 000!** Discover a prime investment opportunity in the dynamic Brixton area of Johannesburg. This property, strategically located within a thriving university and college community, presents significant potential for high rental yields. With future potential to develop a bigger purpose built student accommodation, or use as is: two separate communes with consent use and all the necessary compliance documents that make it a legal commune. The residence is meticulously designed to maximise its income-generating capacity, offering an impressive 15 bedrooms and 4 bathrooms, providing extensive accommodation options. Two functional kitchens and a communal lounge area efficiently serve multiple occupants. This configuration is ideally suited for student housing, capitalising on the property's advantageous position within a bustling academic environment. Further enhancing its value, the property includes practical amenities such as dedicated staff quarters, offering versatile usage. Essential water tanks ensure a reliable supply, while modern fibre connectivity meets contemporary living requirements. An additional flatlet provides flexible options, whether for supplementary income. Situated in the desirable Brixton suburb, these properties benefit from excellent access to educational institutions, public transport, and local amenities. This combination of substantial accommodation, practical features, and a strategic location makes it an unparalleled investment. Seize this chance to acquire a property with strong income potential. Contact us today to arrange a viewing and explore this unique offering. Key Features 15 Bedrooms 4 Bathrooms 2 Kitchens Student Accommodation Potential Located in a University/College Community Staff Quarters Water Tanks Fibre Connectivity Separate Flatlet XTLS INVESTMENTS 90 (PTY) LTD trading as RE/MAX Masters (Bryanston) operates in terms of a franchise agreement with RE/MAX of Southern Africa.
Estimated monthly repayment
R 28 330
on a R 2 699 999 bond over 20 years at 11.25%
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Brixton, Brixton, Johannesburg, Gauteng
Listed by
Francois Pretorius
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