1 Bedroom Property for Sale in Brixton R1 728 000. 18 Nov 2022

Property features

R1 728 000
1 Bedrooms
0.0 Bathrooms
0 Living Room/s
Garage for car/s
Rates R2200 pm

Property Details

This is the perfect investment opportunity for the discerning entrepreneur. Situated on a 497 sqm stand, this fully let, POSA-accredited student accommodation property is generating a solid income stream with the potential of up to R30,000 per month. Priced at R1.728 million (negotiable), this well-managed property is an ideal turnkey investment for buyers looking for immediate returns. One-year rental agreements are in place with current student tenants, and all financial details, including rental and expenditure rolls, are available for viewing. The main house includes seven bedrooms, all fitted with built-in cupboards, two full bathrooms, and a spacious kitchen with ample cupboard space and a scullery. The property features prepaid electricity, is fully walled and secured, and is managed by a dedicated caretaker alongside the owner. With additional land available for future development, there’s potential to expand and increase returns. Conveniently located near essential amenities and offering long-term demand in the student rental market, this is a rare opportunity for a savvy investor. Don’t miss out—schedule your private viewing today.