Prime Investment Opportunity – Student & Young Professionals Accommodation

An exceptional opportunity to own a fully tenanted student & Young Professionals accommodation property in the heart of Observatory, one of Cape Town’s most sought-after rental markets. This renovated and fully furnished property offers an attractive turnkey investment, with a proven rental income stream.

Property Overview:
* 7 Bedrooms, 3 Bathrooms – One of the bedrooms are en-suite and there is a separate en-suite room outside together with another 3 bedroom cottage outside
* Communal Living Spaces – Modern fully fitted kitchen, spacious lounge with comfortable seating and TV.
* Outdoor Entertainment – Covered patio and courtyard provide ideal social spaces for tenants.
* Fully Furnished – Each bedroom comes with a double bed, desk & chair, cupboards, and curtains.
* High-Speed Fibre – Ensuring seamless connectivity for tenants.

Investment Highlights:
* Prime Location – Situated in Observatory, a high-demand area for students and young professionals.
* Close to UCT & Jammie Shuttle – Convenient access to the University of Cape Town and major transport routes.
* Steady Rental Demand – Ideal for student accommodation, with shops, cafés, and entertainment nearby.
* Low Vacancy Rates – Strong rental history with consistent tenant demand.
* Additional Income Streams – Water & electricity billed in arrears, monthly tenant user charges billed as well as cleaning.

This property generates an impressive annual rental income of R847,800, offering a high return on investment with minimal operational expenses. With tenants covering water, electricity, and additional service charges, this is a low-maintenance, high-yield investment in one of Cape Town’s most sought-after rental markets.

This is a rare chance to acquire a fully operational student accommodation property in a prime location with high rental yields.