Student Accommodation Investment – Observatory
This well-located property offers an excellent opportunity for investors in the student accommodation sector. Situated in the vibrant suburb of Observatory, this property is designed to cater to the high demand for quality student housing while providing strong rental returns.
* Total Bedrooms: 9
* Current Annual Rental Income: R583,800p/a
* Potential for Increased Returns with Light Upgrades
Layout & Features:
Downstairs:
* 3 spacious ensuite bedrooms, each with private bathrooms.
* A fully equipped kitchen and dining area, perfect for communal living.
Upstairs:
* 4 comfortable bedrooms serviced by 2 communal bathrooms.
* 1 separate entrance bedroom offering additional privacy and flexibility.
Outside:
* Self contained Flatlet
The property is currently fully tenanted and generating a reliable income stream. With a touch of modernisation and refreshment, rental rates can be further optimised to meet the high demand in this sought-after location.
Location – Why Observatory?
Observatory is a bustling hub for students and young professionals, conveniently located near major universities, public transport links, and popular amenities. The area is known for its lively café culture, diverse eateries, and vibrant nightlife, making it a preferred choice for student living. Proximity to the city centre, hospitals, and shopping districts further enhances its appeal for long-term rental growth
Give me a call to arrange a viewing, but please note we will need to schedule these by appointment, around access.
* Total Bedrooms: 9
* Current Annual Rental Income: R583,800p/a
* Potential for Increased Returns with Light Upgrades
Layout & Features:
Downstairs:
* 3 spacious ensuite bedrooms, each with private bathrooms.
* A fully equipped kitchen and dining area, perfect for communal living.
Upstairs:
* 4 comfortable bedrooms serviced by 2 communal bathrooms.
* 1 separate entrance bedroom offering additional privacy and flexibility.
Outside:
* Self contained Flatlet
The property is currently fully tenanted and generating a reliable income stream. With a touch of modernisation and refreshment, rental rates can be further optimised to meet the high demand in this sought-after location.
Location – Why Observatory?
Observatory is a bustling hub for students and young professionals, conveniently located near major universities, public transport links, and popular amenities. The area is known for its lively café culture, diverse eateries, and vibrant nightlife, making it a preferred choice for student living. Proximity to the city centre, hospitals, and shopping districts further enhances its appeal for long-term rental growth
Give me a call to arrange a viewing, but please note we will need to schedule these by appointment, around access.
Monthly Rates
R1,100
Features
Interior
Exterior
Sizes
Listing Info
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
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.
