Prime Student Accommodation Investment in Observatory
*** SOLE & EXCLUSIVE MANDATE ***
This well-located semi-detached heritage home presents an excellent investment opportunity in the heart of Observatory, one of Cape Town’s most sought-after areas for student accommodation.
The property offers 3 well-sized bedrooms and 2 bathrooms, (one of which is the main en-suite) making it ideal for shared student living. A private outdoor area with a built-in braai provides valuable communal space, highly attractive to tenants.
Currently generating a rental income of just over R20,000 per month, the property delivers immediate returns with strong ongoing demand.
Observatory is renowned for its vibrant, youthful atmosphere and consistently high rental demand, particularly from students and young professionals. The area is in close proximity to University of Cape Town, major transport routes, hospitals, and local amenities, making it a top choice for student housing. Its eclectic mix of cafés, shops, and nightlife further enhances tenant appeal.
The property does have Heritage 3C Grading boasting its character, and with its solid income stream and unbeatable location, this property is a smart addition to any investor’s portfolio.
This well-located semi-detached heritage home presents an excellent investment opportunity in the heart of Observatory, one of Cape Town’s most sought-after areas for student accommodation.
The property offers 3 well-sized bedrooms and 2 bathrooms, (one of which is the main en-suite) making it ideal for shared student living. A private outdoor area with a built-in braai provides valuable communal space, highly attractive to tenants.
Currently generating a rental income of just over R20,000 per month, the property delivers immediate returns with strong ongoing demand.
Observatory is renowned for its vibrant, youthful atmosphere and consistently high rental demand, particularly from students and young professionals. The area is in close proximity to University of Cape Town, major transport routes, hospitals, and local amenities, making it a top choice for student housing. Its eclectic mix of cafés, shops, and nightlife further enhances tenant appeal.
The property does have Heritage 3C Grading boasting its character, and with its solid income stream and unbeatable location, this property is a smart addition to any investor’s portfolio.
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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.
