
*** 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.
Sign in to see the full listing
Features, rooms, price history and location — free with an account.
Based on live for-sale listings in this suburb.
Average Price/m²
Hidden
Properties Analyzed
Hidden