R 949,000
7 Bedroom working class / Student Commune with lock up garage close to JHB CBD and Universities
Ref # 2256022 : Brixton , Johannesburg , Gauteng
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.
Property Features
- Property Type House
- Beds 7
- Bath 2
- Garages 1
- Building Size
- Stand Size 251m²
Associated Costs
- Rates & Taxes ± 937
Location
Enquiry
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