Property Details

This commune can be a mixed use commune...working class and students. This spacious 7-bedroom property features 3 bathrooms and a generously sized kitchen. It also includes a tandem lock-up garage for 2 vehicles. While the property does require some tender loving care, it offers great potential. With an estimated gross income of R14,600 per month, this property has the potential for a net income of approximately R126,000 per year when fully occupied, resulting in an attractive Gross yield of 16.6%. Conveniently located near various amenities such as schools, Universities (UJ, Gate 4 is 3 blocks away and WITS), hospitals, clinics, police stations, shops, and shopping centers, this property offers easy access to everything you may need. Situated just a few steps away from Brixton main road, it also provides quick access to main bus and taxi routes. To schedule a viewing or for more information, please don't hesitate to contact me.