Please note that our Terms of Use and Privacy Notice are applicable.
Back to search (Gauteng > Johannesburg > Commercial & Residential Property for Sale & Rent > Houses, Apartments & Granny Flats for Sale> ad 1247831858)
10 BED ROOM INVESTMENT PROPERTY
R 1,650,000
Can I afford this?
18 Photo(s)
5 months ago204 views
Ad Saved to My List
View and manage your saved ads in your account.
Share
WhatsApp
Facebook
Messenger
Twitter
Copy URL
Email
Report Ad
Report This Ad
Reason for Reporting
Email Address
(Required)
Message
(Optional)
Report Ad
By clicking "Report" you accept the Gumtree Terms and Conditions.
General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):Studio or Bachelor Pad
Bathrooms (#):4+
Parking:Covered
Description
We are taking reasonable offers. This is a must-see business opportunity for those who want to invest in real estate. This 10-bedroom accommodation was specifically built for student accommodation and is currently fully tenanted with an income of about R17 000 per month. This accommodation was accredited for student accommodation before COVID-19 and has a potential gross of about R60 000 a month when operated as a student accommodation. Situated in Pimville this is a perfect opportunity as the house is situated close to the university. The accreditation can be reinstated if applied. This accommodation is closely situated near Maponya Mall and other various tertiaries.
Property Reference #: RL441
Agent Details:
Cliff Sithole
Abakhi Properties
201A Monument Rd
Glen Marais
Kempton Park
1619
Property Reference #: RL441
Agent Details:
Cliff Sithole
Abakhi Properties
201A Monument Rd
Glen Marais
Kempton Park
1619
Id Subtitle 1247831858
View More
Property Loan Calculator
Purchase price
R
Deposit amount
R
Interest rate
%
No. of years
5
10
15
20
25
30
RECALCULATE
Estimated monthly repaymentR 17,882
Total property loan amountR 1,650,000
Total interestR 2,641,480
Total repaymentR 4,291,480
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
RECALCULATE
Abakhi Properties
Selling for 1 year
Total Ads95
Active Ads95
Professional Seller
This seller has registered a Gumtree business account which allows them to qualify as a professional seller.To grow your business with Gumtree read more
Seller stats
95Total Ads
51.73KTotal Views
Contact Abakhi Properties
078*******Show Number
Message
(4015)
Name
(Optional)
Email Address
(Optional)
Phone
(Required)
Send Message
By clicking "Send" you accept the Terms of Use and Privacy Notice and agree to receive newsletters and promo offers from us.
Related Ads
1
R 1,300,000
SavedSave
Welcome to your versatile oasis! This property offers not just a home, but a potential income-generating space. Nestled inside, youll find 2 cozy bedrooms, 1 bathroom, an open-plan kitchen and lounge areas perfect for relaxation.But thats not all! Step outside to discover 3 bachelor rooms complete with showers, already equipped with prepaid electricity for convenience. These additional spaces can serve as extra bedrooms or be transformed into a cash-generating asset, ideal for rentals or guest accommodations.Outside amenities include an extra shower and toilet, offering practicality and ease. The property spans a spacious 300 square meters, providing ample room for various activities. Security features such as cameras and an electric fence ensure safety and peace of mind.The yard boasts a perfect blend of functionality and beauty - paved throughout with a charming small garden, offering a serene atmosphere for outdoor enjoyment. Plus, with parking space for up to 5 cars, hosting gatherings or accommodating multiple vehicles is a breeze.Whether youre seeking a comfortable home with additional income potential or an investment opportunity in a secure and well-appointed property, this is an unmissable chance to make this versatile space your own. Dont miss out - seize this opportunity today!Property Reference #: 1232229Agent Details:Rawson Properties Glenvista41, corner Hennie Alberts St & Dormehl St, Alberton, Brackenhurst, GautengBrackenhurst, Gauteng
Invalid date
1
R 999,000
SavedSave
A property with multiples of investment opportunities for an investor/s who are looking to take advantage of Soweto’s growing economy to turn it into an economic hub for sale in Moroka price R 1 150 000.00.This ideal business property but not only limited to business with pending plans of 25 rooms,two rooms being common areas of kitchen &dining and laundry room, is well located on a corner stand and it is ideal for intrapreneurs who would like to venture into a business. Because of its location, it can become good student accommodation, due to the safety and the serenity of the area it is located in. It can also be turned into a guest house and /or eatery type of business, where people from all over the province and beyond can come for leisure. With South Africa becoming a member of the Bricks block, there is no better time than now, to position oneself for the impending massive business opportunities.The current land size is 478sq, the property consists of 2 spacious bedrooms with built in cupboards, open plan dining and lounge. Neat bath and toilet, the kitchen is very spacious, fitted with built-in cup boards and washing connection available.OutsideThe property has a single garage with a spacious cottage at the back for extra income.Electricity is prepaid.Water is a municipal statement.Rates R650.00 Inside2 Bedrooms1 BathroomKitchenDining roomLiving Area Outside1 Garages with roller doorBackroomGardenAmenitiesEasy access to main road accessClose to sought after schoolsThe property is stone to Elka stadium.5 Minutes’ drive to Mofolo park Reya Vaya bus terminals10 Minutes’ drive to Moroka police station20 Minutes to Maponya malle shopping centres in areaCall to arrange your private viewing now!# Parking: 1Rates And Taxes: 650Property Reference #: ENT0259211Agent Details:Levy ThubelaKW Clockwork Edenvale49 Linksfield Road, Dowerglen, Edenvale, Gauteng, 1609
Invalid date
1
R 2,300,000
SavedSave
This investment property is nothing but a money making machine. It has 4 bedrooms, 2 bathrooms, a lounge and kitchen inside the house. It has additional outside rooms which comprises of 5 rooms, 3 bathrooms and a kitchen combined with lounge. This 18 beds NSFAS accredited property is a dream for any investor. It is located in a prime, tranquil area in Pimville, near the University of Johannesburg, Soweto Campus. It is currently functioning as student accommodation with NSFAS accreditation for 18 students. The rental income on full occupation is R75,600.00 monthly.There is also a solar converter in the property when there is load shedding. A 5kva hybrid solar kit with 4.8kwh lifepo4 battery and 6x 455w solar panels. It also has certification of gas installed on both in the house and outside kitchen. There are also cameras and a security alarm system installed for security for students. There’s also a room for a caretaker who looks after the property and students. Description of the property is per below:Inside the house:4 Bedrooms2 BathroomsKitchenLounge areaOutside rooms:4 rooms2 showers 2 toiletsThis is an opportunity not to miss in these tough economic times. Get in touch with us and let’s make your investment dreams come true.AmenitiesEasy access to main road access2 km away from University of Johannesburg2 km away from Maponya Mall3,5 km away from Baragwanath Hospital3,5 km away from Lesedi Private HospitalProperty Reference #: ENT0266440Agent Details:Nomsa ShabalalaKW Advance1 Pauline Street, Constantia Kloof, Roodepoort, Gauteng, 1709
Invalid date
1
R 680,000
SavedSave
Situated in Pimville Zone 5 within walking distance to Soweto Golf Course. This property offers great rental opportunities for individual tenants. Great potential for student accommodation. Distance to the University of Johannesburg, Soweto Campus is less than 3 Kilometers.Features:- 2 Bedrooms- Lounge- Kitchen- Outside Bathroom- 5 Outside Rooms- Outside Guest Toilet- Parking- Walled- PavedCall me to arrange an exclusive viewing by appointmentProperty Reference #: RL18883Agent Details:Peter VorsterFirzt Realty (Pty) Ltd44 Glenhove RoadMelrose EstateJohannesburg
Invalid date
1
R 895,000
SavedSave
Bedrooms: 3, offering comfortable accommodation for the household.Bathroom: 1, providing essential facilities for personal hygiene.Kitchen: Well-equipped for culinary activities and meal preparation.Lounge: A cosy living space for relaxation and entertainment.4 Outside rooms: Ideal for additional accommodation or utility space.Tenants generating an income of R17,000 per month, offering potential rental income for the property owner.Has PoolProperty Reference #: RL4228Agent Details:Department NgobeniSnooks Estates43 Main RdMeredaleJohannesburg
Invalid date
1
R 790,000
SavedSave
This property can accommodate big family or also investment opportunity. It offers 3 bedrooms with modern kitchen and separate lounge and toilet. Extended by two big backrooms with tenants. A generous yard with opportunities to extend investment or the comfort of your home. Close to public transport and amenities.Property Reference #: RL911Agent Details:Thabo MarosaneJohn C International (Pty) Ltd.We are a Virtual Agency with the will to make your home selling, buying or renting experience poss
Invalid date
View More
Back To SearchGumtree Safety Tips
1.Meet in a public space to see the item and exchange money.
2.Never send your item before receiving the money.
3.Never send or wire money to sellers or buyers.
Looking to Sell?
Whether you are selling your car, old cell phone or laptop, learn how much your item could be worth with our Gumtree Pricing Guide.
