10 Bedroom house in Brixton For Sale

R 1,200,000

Can I afford this?
3 months ago251 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):Studio or Bachelor Pad
Bathrooms (#):4+
Size (sqm):495
Description
10 large bedrooms and 4 bathrooms, located within walking distance to the University of Johannesburg Auckland Park.
The property has Land Consent Use for 10 occupants and has several appealing features for potential investors:

Location: Its proximity to the university can attract students, faculty, and staff as tenants, ensuring a consistent rental demand.

Large Bedrooms: The 10 spacious bedrooms can accommodate multiple tenants, increasing the potential rental income.

Rental Income: The current rental income of R24,500 is a positive starting point, and the potential to double this income suggests significant investment potential.

Prepaid Electricity: Prepaid electricity can simplify billing and reduce the landlord's administrative tasks.

Easy access to public transport

Amenities:
University of Johannesburg Gate 4 APK 1.2 km
Campus Square 1.6 km
Brixton Police Station 1.3 km

Contact Sizwe for viewing
Place an offer while the property is still available!!!


Property Reference #: ENT0258287

Agent Details:
Thandisizwe Shabalala
KW Advance
1 Pauline Street, Constantia Kloof, Roodepoort, Gauteng, 1709

Id Subtitle 1257259208
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Estimated monthly repaymentR 13,005
Total property loan amountR 1,200,000
Total interestR 1,921,077
Total repaymentR 3,121,077
Interest rate at 11.75% for 20 years *
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KW Advance
Selling for 1 year
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