High Investment Yield Student Accommodation

Exclusive Mandate:
High Investment Yield Student Accommodation
Fully Letted
Fully Furnished

Built in 1889, discover an Edwardian student accommodation investment gem in the vibrant neighbourhood of Observatory with this spacious and well-appointed ten-bedroom house. Nestled in one of the most sought-after locations, this property boasts investment potential, generating an impressive rental yield of R50k per month.

Perfectly suited for both seasoned investors and first-time buyers seeking to capitalize on the lucrative Cape Town rental market, this property is a must-see!

The house features ten generous bedrooms, nine bathrooms, Ideal for students or professionals seeking shared living arrangements, this layout maximises rental income potential. The home has marble built in fireplaces in the front bedrooms and an open-plan living area with a wooden fireplace. There are two bedrooms upstairs in Attic loft with a shared bathroom. Walking down a spiral stair case, there is the open living area that leads into an indoor patio or study area and a fully equipped kitchen with laundry facilities. There are two adjusting outside bedrooms with ensuite bathrooms and in the main house there are six bedrooms with ensuite bathrooms. Each room has built in cupboards and high ceilings.

Generous living areas create an inviting ambiance for tenants. Whether it's hosting gatherings or simply relaxing after a long day, these versatile spaces are sure to appeal to prospective tenants. Adding to its allure, the property boasts a tranquil private front and courtyard. There is a pool to soak up the sun and a Braai area for entertainment.


The property has a solar geyser and electric fencing.
The home has 24hour security cameras.

With a current rental yield of R50k per month, this property offers an attractive return on investment from day one. Its consistent rental income potential ensures a secure and lucrative venture for the savvy investor. For those with an eye on long-term growth, the property also offers the potential for expansion or value-adding renovations, further enhancing its appeal to prospective tenants.

Within walking distance to restaurants, cafes, shops, and recreational facilities, the property is conveniently located near all necessary amenities. Its proven rental history showcases its reliability as a desirable rental unit, inspiring confidence in its investment potential.