*** 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.