Student & Young Professional Accommodation in Mowbray

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.