Multilet Property with Massive Potential

  • R1,250,000

Description

This rundown gem in the heart of Brixton is the perfect opportunity for the savvy investor with a vision. Priced to sell and positioned to perform, this spacious multilet property is brimming with potential for the right buyer ready to unlock its value.

The main house offers:

• 3 well-sized bedrooms – including a large main room, a double-sized room, and a single room

• 2 tiled bathrooms with a total of 3 showers

• Separate toilet with basin

• Common area and cozy living room featuring a fireplace

• Large kitchen fitted with built-in cupboards

Adding even more value are two separate cottages:

• Cottage 1: 3 spacious bedrooms, kitchenette, and shared bathroom

• Cottage 2: 2 spacious bedrooms, kitchenette, and shared bathroom

With strong rental demand in the area and ample space to work with, this property is ideal for student housing or a high-yield rental setup after renovation. Bring your tools, your creativity, and your investment mindset—this is one opportunity you don’t want to miss.

Details

  • Price R1,250,000
  • Bedrooms 8
  • Bathrooms 5
  • Universities University of Johannesburg

Overview

  • 8
  • Bedrooms
  • 5
  • Bathrooms
  • City: Johannesburg
  • State: Johannesburg Metropolitan Municipality
  • Country: South Africa