Melville · House For Sale
2 Bedroom Townhouse For Sale in Melville
- R 700,000
- 2 bd
- 1 ba
- 496 m²
So, you are a savvy investor with a pallet for student rentals. Having a refined taste, you are not into the little or scruffy rooms so often found in the area. Introducing a viable luxury alternative for future CEOs. Actuaries, Accountants, the Chartered types. Your tenant knows where they are going and they need proper security with a separate study and a separate room. Decent kitchen with laundry and secure space for hanging your Louis Vuitton shirts and Dolce and Egyptian cotton linen.
So, if you are a landlord who likes "well-to-do" students who are great executive tenants then this property is the perfect investment for you and South Africa's economic powerhouse individuals. Oh yes, the property is close to the main universities in JHB and has parking for the students whip.
There are not many of these types of student rentals in the area at all. And the 2nd bedroom can house a 2nd student or visitor for the main tenant.
The rental is R8500 per month. And always occupied.
Offers from R700 000 and upwards will be considered
Property Information & Features
- Property Type
- Townhouse
- Listing Type
- For Sale
- Location
- Melville, Johannesburg
- Price
- R 700,000 · Get Pre-Qualified
- Price per m²
- R 1,411
- Floor Size
- 65 m²
- Erf Size
- 496 m²
- Bedrooms
- 2
- Bathrooms
- 1
- Residential Zoning
- Yes
- Security
- Yes
Map & Nearby
Price Trends · Melville, Johannesburg beta
Select filters to see average property values
The current average sales price for a 3 bedroom property in Melville on ImmoAfrica.net is R 1,889,739
The current average rental price for a 3 bedroom property in Melville on ImmoAfrica.net is R 21,833
The current average sales price for a 2 bedroom property in Melville on ImmoAfrica.net is R 1,469,889
The current average rental price for a 2 bedroom property in Melville on ImmoAfrica.net is R 14,000
The current average rental price for a 1 bedroom property in Melville on ImmoAfrica.net is R 6,522
The current average sales price for a 1 bedroom property in Melville on ImmoAfrica.net is R 587,000
The current average sales price for a 4 bedroom property in Melville on ImmoAfrica.net is R 1,948,967
The current average rental price for a 5 bedroom property in Melville on ImmoAfrica.net is R 25,000
Currently, there is not enough data to give you an estimated price. Please check back soon.
Currently, there is not enough data to give you an estimated price. Please check back soon.
Currently, there is not enough data to give you an estimated price. Please check back soon.
Currently, there is not enough data to give you an estimated price. Please check back soon.
| Bedrooms | Buy | Rent |
|---|---|---|
| Studio | ||
| 1 Bed | R 587,000 | R 6,522 |
| 2 Bed | R 1,469,889 | R 14,000 |
| 3 Bed | R 1,889,739 | R 21,833 |
| 4 Bed | R 1,948,967 | |
| 5 Bed | R 25,000 |
| Bedrooms | Buy | Rent |
|---|---|---|
| Studio | ||
| 1 Bed | R 12,382 | R 101 |
| 2 Bed | R 3,471 | R 137 |
| 3 Bed | R 3,776 | R 31 |
| 4 Bed | R 3,205 | |
| 5 Bed | R 60 |
