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7 Bedroom House In Observatory
R 3,249,999
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2 months ago30 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):199
Parking:None
Description
High Investment Yield Property | Offers From: R3 249 999
Discover a remarkable investment gem in the vibrant neighbourhood of Observatory with this spacious and well-appointed 7-bedroom house. Nestled in one of the most sought-after locations, this property boasts incredible investment potential, generating an impressive rental yield of R45k 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 six generous bedrooms, providing ample space for tenants. Ideal for students or professionals seeking shared living arrangements, this layout maximizes rental income potential.
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 courtyard, offering a serene retreat for tenants and enhancing the overall appeal of the property.
With a current rental yield of R45k 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.
Elevate your property purchase or sale by unlocking more value through our exclusive Shared Value Brokering Program, 'Elevate.'
Buyers and sellers can benefit from up to a 75% discount* on professional fees associated with a sale, as well as preferential rates on a variety of other property-related services connected to the transaction.
Size: +/- 289sqm
Rates: +/- TBD
Offers From: R3 249 999
Property Reference #: 6051569
Agent Details:
Quay 1 Property Specialist 46
Quay1 International Realty
153 Kloof Street
Gardens
Cape Town
Discover a remarkable investment gem in the vibrant neighbourhood of Observatory with this spacious and well-appointed 7-bedroom house. Nestled in one of the most sought-after locations, this property boasts incredible investment potential, generating an impressive rental yield of R45k 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 six generous bedrooms, providing ample space for tenants. Ideal for students or professionals seeking shared living arrangements, this layout maximizes rental income potential.
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 courtyard, offering a serene retreat for tenants and enhancing the overall appeal of the property.
With a current rental yield of R45k 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.
Elevate your property purchase or sale by unlocking more value through our exclusive Shared Value Brokering Program, 'Elevate.'
Buyers and sellers can benefit from up to a 75% discount* on professional fees associated with a sale, as well as preferential rates on a variety of other property-related services connected to the transaction.
Size: +/- 289sqm
Rates: +/- TBD
Offers From: R3 249 999
Property Reference #: 6051569
Agent Details:
Quay 1 Property Specialist 46
Quay1 International Realty
153 Kloof Street
Gardens
Cape Town
Id Subtitle 1262939415
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Estimated monthly repaymentR 35,221
Total property loan amountR 3,249,999
Total interestR 5,202,914
Total repaymentR 8,452,913
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Quay1 International Realty
Selling for 2+ years
Total Ads741
Active Ads741
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