Back to Results | Home Residential For Sale Cape Town Observatory ... Freehold
R3,840,000

R3,840,000

6 Bedroom Freehold For Sale in Observatory
6
Bedrooms
3
Bathrooms
Print

Prime Student Accommodation Investment in the Heart of Observatory

Web Ref. EVO740
Land size 377.00 m²
Monthly Bond Repayment
R39,636.03
Welcome to an exceptional investment opportunity located in the vibrant suburb of Observatory. Perfectly positioned within walking distance to several tertiary education institutions, with easy access to major roads, highways, restaurants, and shopping centres—this property offers everything a savvy investor could ask for.

The home features 6 well-sized bedrooms, 3 bathrooms, and 3 off-street parking bays. Designed for ease of management and consistent occupancy, it enjoys high year-round rental demand.

The property also boasts a spacious open-plan kitchen fitted with plumbing points, a gas stove and oven combo with extractor, and a generous entertainment area. This flows seamlessly into a large garden with a designated braai area—ideal for shared use while maintaining tenant privacy.

Currently fully let and professionally managed by Revo Property, the property generates a gross rental income of R36,850.00 per month. The seller is also open to including the furniture at an additional cost, making this a truly turnkey investment.

Don’t miss out on this high-yield opportunity—contact me today to arrange a viewing.
Monthly Rates R1,100

Features

Interior
6 Bedrooms
3 Bathrooms
1 Kitchen
1 Lounge
Exterior
3 Parkings
1 Flatlet
Pet Friendly
Sizes
Land Size 377 m²
Listing Info
Date Listed 02-06-25
Time Listed 10:06

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.