Premium Student Accommodation Investment | Observatory
*** SOLE & EXCLUSIVE MANDATE ***
44 bedrooms across 8 houses I Fully occupied I ±1 197m² gross lettable area.
Invest in one of Cape Town's most established student precincts. The Baker is a fully occupied, income-generating student accommodation property comprising eight fully furnished residential houses across two adjoining erven in the heart of Observatory — delivering consistent returns in a location where student demand never sleeps!
What's included:
* 44 fully furnished bedrooms across 8 individually configured houses — sold fully furnished, contents included
* Solar power & backup battery — uninterrupted living, no load-shedding stress
* Perimeter security including welded wire mesh fencing & electric fencing
* Tag-access entry control per house with SMS backup code system
* Built-in braai patios across all houses — premium lifestyle finishes throughout
* Turnkey asset — all leases in place, full furniture registry included
VATable Sale — (R39,950,000 excl VAT) Potential Zero Rating: This is a sale by a VAT-registered seller, making it a VATable transaction. Qualifying purchasers buying through a VAT-registered entity may be able to zero rate the transaction, effectively eliminating the VAT cost and meaningfully improving the overall return on investment. Prospective buyers are advised to consult their tax advisor to confirm eligibility.
The numbers speak for themselves - 100% occupancy. Gross annual rental income of approximately R4.1 million. A fully tenanted, turnkey asset — sold fully furnished with like-new interiors and a comprehensive asset registry — with consistent demand driven by Cape Town's thriving student population.
The Property The Baker spans two adjoining erven zoned Mixed Use 2
* Erf 25486 | 908m² | Houses 1–7
* Erf 25487 | 277m² | House 8 — the flagship 8-bedroom residence
* House 1 = 6 Bedrooms, 4 bathrooms
* Houses 2 - 7 = 5 Bedrooms, 3 bathrooms
* House 8 = 8 Bedrooms, 6 bathrooms
Total gross lettable area: ±1 197m²
Bordering the Liesbeek Parkway and directly alongside AFDA's Cape Town campus, The Baker is within easy reach of UCT and other major tertiary institutions — placing it firmly in the heart of Cape Town's most sought-after student precinct.
This is a spectacular property, not to be missed - Contact me for more information and to set up an appointment to view.
44 bedrooms across 8 houses I Fully occupied I ±1 197m² gross lettable area.
Invest in one of Cape Town's most established student precincts. The Baker is a fully occupied, income-generating student accommodation property comprising eight fully furnished residential houses across two adjoining erven in the heart of Observatory — delivering consistent returns in a location where student demand never sleeps!
What's included:
* 44 fully furnished bedrooms across 8 individually configured houses — sold fully furnished, contents included
* Solar power & backup battery — uninterrupted living, no load-shedding stress
* Perimeter security including welded wire mesh fencing & electric fencing
* Tag-access entry control per house with SMS backup code system
* Built-in braai patios across all houses — premium lifestyle finishes throughout
* Turnkey asset — all leases in place, full furniture registry included
VATable Sale — (R39,950,000 excl VAT) Potential Zero Rating: This is a sale by a VAT-registered seller, making it a VATable transaction. Qualifying purchasers buying through a VAT-registered entity may be able to zero rate the transaction, effectively eliminating the VAT cost and meaningfully improving the overall return on investment. Prospective buyers are advised to consult their tax advisor to confirm eligibility.
The numbers speak for themselves - 100% occupancy. Gross annual rental income of approximately R4.1 million. A fully tenanted, turnkey asset — sold fully furnished with like-new interiors and a comprehensive asset registry — with consistent demand driven by Cape Town's thriving student population.
The Property The Baker spans two adjoining erven zoned Mixed Use 2
* Erf 25486 | 908m² | Houses 1–7
* Erf 25487 | 277m² | House 8 — the flagship 8-bedroom residence
* House 1 = 6 Bedrooms, 4 bathrooms
* Houses 2 - 7 = 5 Bedrooms, 3 bathrooms
* House 8 = 8 Bedrooms, 6 bathrooms
Total gross lettable area: ±1 197m²
Bordering the Liesbeek Parkway and directly alongside AFDA's Cape Town campus, The Baker is within easy reach of UCT and other major tertiary institutions — placing it firmly in the heart of Cape Town's most sought-after student precinct.
This is a spectacular property, not to be missed - Contact me for more information and to set up an appointment to view.
Monthly Rates
R10,800
Features
Interior
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Total Amount Repayable
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Monthly Repayment
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While every effort will be made to ensure that the information contained within the Revo Property website is accurate and up to date, Revo Property makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
