House 2765-ref-1894 for Sale in Brixton, Johannesburg

AgencyRef: 2765-ref-1894 Strategically positioned in Brixton, Johannesburg, this NSFAS-accredited (2021â2024) student accommodation property presents an exceptional investment opportunity with immediate, government-backed rental income and strong scalability. Currently configured across 3 buildings, 6 bedrooms in total, the property accommodates 10 students in shared rooms, generating up to R50,000 per month at full occupancy (R5,000 per student via NSFAS). Key Features: Proven NSFAS income stream with option to renew accreditation from 2025. Commune zoning â ideal for expansion or redevelopment. Walking distance to University of Johannesburg and close to major institutions including University of the Witwatersrand, MANCOSA, and AFDA. High-demand location near Campus Square Shopping Centre, 44 Stanley, and Melville. Fully furnished with uncapped Wi-Fi, study areas, communal kitchens and lounges. Secured with ADT, panic buttons, burglar bars and live-in caretaker. Ongoing cleaning and garden services. Investment Upside: Expand capacity, approved commune zoning; upward build potential. Convert to high-yield Airbnb or develop modern high-density student units. Strong demand driven by nearby universities and employment hubs A rare opportunity to secure a high-demand, income-generating asset with long-term growth potential in Johannesburgâs thriving student accommodation market. Contact your agent today to schedule a viewing! Agency reference number: 2765-1894