R 17 000 000

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2058 m² Commercial space in Brixton

2058

Student Accomodation

STUDENT ACCOMMODATION FOR SALE IN SUBURBS OF BRIXTON AND WESTDENE EXCELLENT INVESTMENT OPPORTUNITY Earn an exceptional ROI from Day 1. The subject properties for sale comprise of five buildings, 4 on Caroline Street, Brixton and 1 on Banbury Road, Westdene. The properties are all held in one entity have operated as accredited student accommodation for the past 11 years and fully NSFAS accredited for the year 2024.

* Accreditation for 97 bed

* Potential to increase beds to 170+

* At present bed count and asking price provides a net yield of some 22%

*Plans for expansion

All properties are within 1.2 kilometres of UJ Kingsway Campus, and 3 kiiometres of Wits University. Plans The suburb of Brixton is undergoing a steady transformation. In years to come this area will be a student hub.

With over 60 years of combined Real Estate industry experience in South Africa, our Team can assist you with any property transaction or property need you might have.

Property details

  • Listing number T4580986
  • Property type Commercial
  • Floor size 2 058 m²

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