R1,750,000

R1,750,000

3 Bedroom Detached For Sale in Observatory
3
Bedrooms
3
Bathrooms
Exclusive Mandate
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Investment Opportunity – 3-Bedroom Student Accommodation in Lower Observatory

Web Ref. EVO880
Land size 130.00 m²
Monthly Bond Repayment
R17,471.64
*** SOLE & EXCLUSIVE MANDATE ***

This well-located property in the heart of Lower Observatory is currently operated as student accommodation and offers an excellent income-generating investment.

Property Features:

* 3 spacious bedrooms, each with its own en-suite bathroom
* Open living space and kitchen area
* Low-maintenance layout, ideal for student tenants
* Secure setting in a sought-after rental hub
* Income Potential
* Currently fully let to students
* Rental income: R15,500 per month
* Strong demand due to proximity to UCT, UCT Medical School, transport routes and lifestyle amenities

Why Invest in Observatory?

Observatory is a vibrant and rapidly developing neighbourhood, popular with both students and young professionals. With its trendy cafés, restaurants, and excellent transport links, the area is a consistent rental hotspot.

This is a turnkey investment property with reliable rental returns in one of Cape Town’s most in-demand suburbs.
Monthly Rates R620

Features

Interior
3 Bedrooms
3 Bathrooms
1 Kitchen
1 Lounge
Sizes
Land Size 130 m²
Listing Info
Date Listed 12-09-25
Time Listed 13:42

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.