R 1 000 000 | 3 bed property for sale in braamfontein

Property Description

Looking for a smart investment opportunity in Johannesburg's vibrant Braamfontein? Look no further! This well-maintained 3-bedroom, 1-bathroom apartment offers the perfect blend of location, convenience, and income potential. Ideal for investors seeking a strong return on investment or parents looking to secure accommodation for their university-bound children. Prime Location: The Heart of Student Life Situated in the dynamic heart of Braamfontein, this apartment puts you in the center of it all. Enjoy unparalleled access to public transportation, making commuting a breeze. With its proximity to major universities, this property is a goldmine for student rentals: 1km from the prestigious University of the Witwatersrand (Wits): Imagine the demand for accommodation so close to campus! 4.2km from the University of Johannesburg (UJ): Another major student population within easy reach. Braamfontein itself is a hub of activity, offering trendy cafes, restaurants, shops, and entertainment options, all within walking distance. Your tenants will love the convenience and vibrant atmosphere. Investment Highlights: A Proven Track Record This apartment isn't just a place to live; it's an investment that works for you. Boasting a consistent rental history, this property generated R15,000 per month in 2024, accommodating three students at R5,000 per room. This demonstrates the strong rental demand in the area and the potential for immediate income generation. 3 Bedrooms: Comfortably accommodates three tenants, maximizing your rental income. 1 Bathroom: Well-maintained and functional. Balcony: A private outdoor space for tenants to relax and enjoy the city views. Excellent Public Transport Access: Easy access to buses, trains, and taxis, connecting residents to the entire city. Low Levies: Monthly levies of only R790, keeping your operating costs low and maximizing your profit.


Property Details

Purchase Price R 1 000 000

Type of PropertyApartment

Last Updated17 Feb 2025

Rooms

Bedrooms3

Bathrooms1

External Features

Garages1

Property Location

Similar Property in nearby suburbs

Agent

Musa Tlou

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