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R5,000,000

R5,000,000

8 Bedroom Freehold For Sale in Mowbray
8
Bedrooms
8
Bathrooms
No Transfer Duty
Sole Mandate
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Student & Young Professional Accommodation in Mowbray

Web Ref. EVO642
Land size 535.00 m²
Monthly Bond Repayment
R50,761.44
An outstanding opportunity to acquire a fully operational student and young professional accommodation property in Mowbray, a prime rental hub with high demand and strong returns.

This turnkey investment has been running seamlessly for years, offering a steady income stream with minimal owner involvement.

Property Overview:
* 5-Bedroom, 5-Bathroom Main House – Each bedroom is spacious and en-suite, fully furnished with a double bed, desk, chair, and flatscreen TV.
* 3 Self-Contained Flatlets – Perfect for tenants seeking extra privacy, these units are fully equipped for independent living.
* Fully Fitted Kitchen – Equipped with ample appliances for shared use.
* Premium Tenant Amenities – Includes uncapped Wi-Fi, Netflix, and a bi-weekly cleaning service.

Investment Highlights:
* Prime Location in Mowbray – A high-demand area for students & young professionals, with easy access to UCT, transport links, and local amenities.
* Strong & Stable Rental Income – Generates an annual rental income of R702,000, ensuring excellent returns.
* Minimal Operational Costs – Water & electricity fully recovered from tenants, reducing owner expenses.
* Low Vacancy Risk – A proven, well-managed accommodation setup with consistent demand.

With an annual rental income of over R700k per annum this is a hassle-free investment which is already running like a well-oiled machine, making it an ideal acquisition for investors seeking passive income with high returns.
Monthly Rates R1,500

Features

Interior
8 Bedrooms
8 Bathrooms
4 Kitchens
4 Lounges
2 Dining Rooms
8 Studies
Exterior
8 Parkings (Carport)
3 Flatlets
Sizes
Land Size 535 m²
Listing Info
Date Listed 04-04-25
Time Listed 12:19

Disclaimer

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.