3 Bedroom apartment for sale in Braamfontein, Johannesburg

Description

3 Bedroom | 1 Bathroom Apartment Secure a high-performing investment in one of Johannesburg's most established student accommodation precincts. Situated in the heart of Braamfontein, this well-positioned 3-bedroom apartment offers immediate rental income, excellent returns, and strong long-term investment potential. With high student demand throughout the year, this property is ideally suited for investors seeking reliable cash flow and attractive yields. Rental Income Bedroom 1: R3,500 per month Bedroom 2: R4,000 per month Bedroom 3: R4,000 per month Total Monthly Rental Income: R11,500 Annual Rental Income: R138,000 Investment Highlights Asking Price: R750,000 Annual Rental Income: R138,000 Gross Rental Yield: 18.4% This impressive gross yield makes the property an excellent addition to any investment portfolio, delivering immediate income from an established student rental market. Outstanding Location Braamfontein remains one of Johannesburg's leading destinations for student accommodation. The apartment is within walking distance of the University of the Witwatersrand and only a short commute to the University of Johannesburg, ensuring a continuous demand from students. The area offers excellent access to public transport, including the Gautrain, buses, and taxi routes, while shops, restaurants, and entertainment venues are all within easy reach. Many students choose Braamfontein for its convenience, with some residences located just a 5–10 minute walk from Wits University. Why Invest? Excellent student accommodation investment Prime location in the heart of Braamfontein Walking distance to the University of the Witwatersrand Short commute to the University of Johannesburg Strong and consistent rental demand Attractive gross rental yield of 18.4% Affordable investment with immediate income potential Close to the Gautrain, public transport, shopping, and entertainment Whether you are purchasing your first investment property or expanding an existing portfolio, this apartment presents an outstanding opportunity to benefit from Johannesburg's growing student rental market while generating income from the day of transfer.

Listing history

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