Please note that our Terms & Conditions and Privacy Notice are applicable.
Back to search (Gauteng > Johannesburg > Commercial & Residential Property for Sale & Rent > Houses, Apartments & Granny Flats for Sale> ad 1281942055)
Someone beat you to it!
Unfortunately, another Gumtree user is in the process of purchasing this item. Check back later in case they've changed their mind, or click the button below to browse more Pay & Ship listings.
7 Bedroom working class / Student Commune with lock up garage close to JHB CBD and Universities
R 949,000
Can I afford this?
17 Photo(s)
565 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 (#):6+
Bathrooms (#):2
Size (sqm):251
Parking:Garage
Description
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.
# Parking: 1
Rates And Taxes: 937
Property Reference #: 2256022
Agent Details:
Barbara du Toit
Karis Properties
482 Oz St
Faerie Glen
Pretoria
0081
Constantia Park
181
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.
# Parking: 1
Rates And Taxes: 937
Property Reference #: 2256022
Agent Details:
Barbara du Toit
Karis Properties
482 Oz St
Faerie Glen
Pretoria
0081
Constantia Park
181
Id Subtitle 1281942055
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 10,285
Total property loan amountR 949,000
Total interestR 1,519,252
Total repaymentR 2,468,252
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
Karis Properties
Selling for 6+ years
Total Ads581
Active Ads581
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
581Total Ads
1.78MTotal Views
Contact Karis Properties
Message
(3951)
Name
(Optional)
Email Address
(Optional)
Phone
(Required)
Send Message
By clicking "Send" you accept the Terms & Conditions and Privacy Notice and agree to receive newsletters and promo offers from us.
Related Ads
1
R 1,050,000
SavedSave
5 Bedroom property for sale within the high tenant demand area of Brixton.The main house boasts 4 large fully tiled bedrooms each with built in wardrobes. 1 bathroom and a large extended kitchen.There is 1 cottage with its own bathroom.There is a store room which has potential to be converted into an extra bedroom.The current tenants are young professionals who are paying R2800 rental per bedroom which is below the area market rental.This property is located in a busy road which makes it very popular for tenants.The University of Johannesburg falls just a walking distance from the property which could be a potential strategy that earns high income. The property is also a walking distance to Helen Josephs Hospital and Campus square.The property is very secure with very high walls including an electric fence.There is parking of up to 5 cars in the yard.Easy access to public transport.Easy access to primary and high schoolsAmenitiesUniversity of Johannesburg Kingsway Campus Gate 2 500mBrixton Police Station 800m Campus Square Shopping Centre 1.22km Helen Josephs Hospital 2.2km Call Sizwe to book your private viewing!!!Property Reference #: ENT0256651Agent Details:Thandisizwe ShabalalaKW Advance1 Pauline Street, Constantia Kloof, Roodepoort, Gauteng, 1709
Invalid date
1
R 1,250,000
SavedSave
Student Accommodation BrixtonGrow your student accommodation property portfolio with this gem in Brixton.The owner has consent from COJ for commune living.Offers from R1 250 000Owner asking R1 350 000The next step for the new owner is to get approved by NSFAS for student accommodation.The house has four large bedrooms, one with an ensuite. These rooms could easily house between 2-3 students per room.There is a reception hall and a large communal area where students can watch television or interact with their peers.It has a communal kitchen and bathroom.The property has a staff quarter and an additional outside room.It has a big backyard, swimming pool, and entertainment area.The property is situated next to The Mortlakes student accommodation.Prepaid electricityFibre ready# Entrance Hall: 1Rates And Taxes: 671Has PoolHas GardenSecurity Features: Fence, Access GateProperty Reference #: 4146936Agent Details:Crystal LudickSt Francis BayChas Everitt126 Kayburne Avenue, Randpark Ridge, Randburg, 2169
Invalid date
1
R 2,500,000
SavedSave
One of the Best Student Accommodations You will Find within 0.5km from UJ Kingsway Campus.Money saving systems in place to manage monthly expenses like Shower Card Cut-Off Systems.NSAFS Approved for 8 beds excluding the caretaker;The House Offers:7 Bedrooms with desk, table, chair and panel heater;Kitchen with 3 Snappy Chef Stoves, Granite Tops and lots of Built in Cupboards;Living Area with big table and chairs;2 Bathrooms (One with 2 Showers, 2 Toilets and 2 Basins) and (One with Shower, toilet and Basin);Cottages Outside Cottages x 2Open Plan with kitchenette with snappy chef stoveBathroom with Shower, toilet and basin.Outside Laundry Room.Cameras and Excellent security at property.Wi-Fi.List of Furniture included furniture are available.Property Reference #: 542Agent Details:Tessa AggenbachtCycad EstatesWest Rand, Johannesburg
Invalid date
1
R 1,685,000
SavedSave
Outstanding Return on Investment For Student Accommodation Investors, Offered By This Unique Prop...
More unbeatable student accommodation property investment value brought to market by The Burgers at ZaProp.Besides this being great property value in itself, student investors will clearly understand the excellent investment returns offered by this property packageTwo properties on one 500 square meter stand. Ideally located on the corner of Fulham and Isleworth, in the heart of the student accommodation centre of Brixton. Conveniently close to main road shopping, all local campuses and public transportProperty is neat, functional, well-maintained and very well secured. Fully surrounded by very high walls, electric fence and with only a single, secure pedestrian entrance to the propertyWith two separate dwellings on the same stand, it offers double communal facilities for students. So two, well-fitted kitchens and four bathrooms, servicing the 13 student rooms – 9 in the one and four in the otherCurrently comfortably accommodating 15 students – in 11 single and 2 double rooms. Rooms are spacious and offer potential for possibly increasing this rental incomeProperty also offers a nice, secure courtyard for outdoor student enjoyment. And enough communal washline facilities, etcAll rooms currently let. Property is not accredited. However very well-established, fully furnished and being sold as a complete packageAsking: R1 685 000# Office / Study: 1Has GardenProperty Reference #: 2330922Agent Details:Clayton BurgerZA Prop JHB South99 True North Road, Mulbarton
Invalid date
1
R 2,100,000
SavedSave
Are you searching for a spacious and comfortable house with plenty of room for everyone? Look no further than this impressive 12-bedroom property that offers a luxurious and relaxing living experience. This property has been designed to provide maximum comfort, offering 3 bathrooms to ensure everyone has plenty of space to get ready in the morning.This house features 6 single rooms and 6 sharing rooms, making it perfect for large families or groups of friends who want to stay together. With its large living area, theres plenty of room for everyone to relax and unwind after a long day. The interior of the house is beautifully designed, making it perfect for those who appreciate both comfort and style.In addition to the main house, there are also two cottages on the property, each with its own bathroom, giving guests even more space and privacy. This is perfect for those who like their own space or require additional privacy.The property also boasts prepaid electricity, making it easy to manage your energy usage and stay within your budget. You wont have to worry about any unexpected energy bills.Finally, this property is fully accredited, ensuring that it meets all necessary safety and quality standards. This means you can rest easy knowing that you are staying in a safe and secure environment. Dont miss out on the opportunity to experience this spacious and comfortable home for yourself - schedule a viewing today!Property Reference #: 13210Agent Details:Louis A FourieOkandivi PropertiesLydenburg, MpumalangaLydenburg
Invalid date
1
R 1,728,000
SavedSave
BRIXTON, Property Situated @ 116 FULHAM ROAD The Perfect INVESTMENT OPPORTUNTINTY for the decerning Entrepreneur LAND SIZE: 497SQM BE A LANDLORD: FULLY LET, STUDENT ACCOMODATIONPOSA ACCREDITED ACCOMODATION FOR SALE Only Priced at (1.728 million) Negotiable Rental Roll & Expenditure is available at viewing (One Year Rental Agreements is in Place with current Students and POSA) This Prime property can deliver immediate returns on your investment! * R30 000 Income Potential Building and Infrastructure, is well suited and been accredited for Students BY: POSA- Main house:Welcoming Entrance 7 x Bedrooms, with BIC in all rooms2 Full Bathrooms, servicing the Student Tenants - Spacious Kitchen with ample cupboard space, Scullery. (Shared Space) Prepaid Electricity in Place Property Managed and Maintained by Caretaker & Owner Rental Roll Expenditure Roll Covering PL Insurance The property is well situated and is fully walled, secured, Additional land to put up more structures. Operational student accommodation Call: J Z for a Private Viewing and more information available for your due diligence Seal the Deal, Deal with People You Know!Property Reference #: RL7450Agent Details:JZ RamjeeAllegiance Properties207 Biggarsberg StreetGlenvista2058
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.