Braamfontein
R1,200,000 Web Ref 1357462
PROPERTY FEATURES
4 Bedrooms | 2.5 Bathrooms | 1 Lounge | 1 Store Room | 2 Parking Spaces
HIGH-YIELD STUDENT ACCOMMODATION INVESTMENT – BRAAMFONTEIN
Corner Apartment | 4 Bedrooms | 2 Bathrooms | Separate Guest Toilet | Fully Furnished An excellent investment opportunity in the heart of Braamfontein, ideally positioned for student accommodation. This corner apartment is currently fully occupied and generating R17,700 per month in rental income, making it an attractive income-producing property for investors seeking strong rental demand. The property is conveniently located close to universities, colleges, shops, offices, public transport and major routes, placing students within easy reach of essential amenities and educational institutions. INVESTMENT HIGHLIGHTS : 4 spacious bedrooms 2 bathrooms Separate guest toilet Fully furnished Currently fully occupied Current rental income: R17,700 per month Annual rental income: R212,400 Corner apartment with excellent natural light Strong student accommodation potential Convenient Braamfontein location Close to universities, colleges, shops, offices and public transport KITCHEN & LIVING AREA The apartment features a large, functional kitchen with ample preparation and storage space. The kitchen includes: Large island counter Electric stove L-shaped granite countertops Large built-in cupboards Washing machine Fridge Microwave Single sink Large window providing plenty of natural light Additional lighting Generous kitchen and passage space Views towards Jorissen Street BEDROOM 1 – EN-SUITE The first bedroom is fully tiled and comfortably furnished with: Bed Study desk and chair Built-in storage Private en-suite bathroom Shower and toilet Basin Mirror Extractor fan Fully tiled walls and floor BEDROOM 2 The second bedroom offers: Bed Study table and chair Wardrobe Fully tiled flooring Large window Sliding glass door overlooking Jorissen Street Clean ceilings and walls Good natural light BEDROOM 3 – CORNER BEDROOM The third bedroom is a spacious corner room featuring: Bed Study table and chair Built-in cupboards Large windows Fully tiled flooring Clean ceiling and walls Good natural light BEDROOM 4 The fourth bedroom is also well suited to student accommodation and includes: Bed Study desk and chair Built-in cupboards Large windows Fully tiled flooring Clean ceiling and walls Good natural light MAIN BATHROOM The main bathroom is fully tiled and includes: Shower Bathtub with shower head Single basin Mirror Extractor fan Fully tiled walls and floor SEPARATE GUEST TOILET A separate guest toilet provides additional convenience and features: Toilet Basin Window Fully tiled walls and floor High ceiling THE INVESTMENT OPPORTUNITY With four furnished bedrooms, full occupancy and current rental income of R17,700 per month, this property offers an established student accommodation setup rather than simply an apartment with rental potential. Its central Braamfontein location, proximity to educational institutions and access to public transport make it well positioned to benefit from the area's ongoing student rental demand. An ideal opportunity for investors looking for a furnished, income-generating student accommodation property in Braamfontein

ERF Size 654 m²
Building Size 95m²
Rates R972 per month
Sectional Title Levies R2,978
Ngcebo Ntombela ngcebo.ntombela@rawson.co.za
Ngcebo Ntombela
c. 0738977090