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Fully Furnished High ROI In Obs
R 2,750,000
Can I afford this?
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2 months ago123 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):4
Bathrooms (#):2
Size (sqm):150
Parking:Covered
Description
Exclusive Listing | Asking Price: R2 750 000
Indulge in the prospect of acquiring this impeccably presented, fully furnished 4-bedroom, 2-bathroom residence situated in the heart of Observatory. Beyond the facade of a charming family home, lies a thriving AirBnB venture, consistently yielding between R35k to R40k in monthly revenue. This property encapsulates not just a house but an investment opportunity waiting to be seized.
Nestled in the vibrant neighbourhood of Observatory, this residence enjoys a prime location, strategically positioned to cater to the desires of modern urban living. With an array of eclectic cafes, trendy boutiques, and convenient public transportation options just a stone's throw away, the property becomes an appealing choice for both short-term and long-term guests.
Step inside and be welcomed by an interior exuding a perfect balance of style and functionality. The four bedrooms are thoughtfully curated to offer not just a place to rest but an experience in comfort. The furnishings, carefully selected to blend aesthetics with practicality, create an inviting atmosphere for guests to relish.
The property's status as a fully operational and successful AirBnB is evident in its consistent monthly revenue. With a proven track record and positive guest reviews, this residence is a testament to the untapped potential within the lucrative short-term rental market.
For the discerning investor, the beauty of this opportunity lies in its turnkey nature. The fully functional AirBnB operation can be seamlessly transitioned to the next owner, allowing them to effortlessly continue reaping the rewards of this established revenue-generating venture.
Beyond the confines of the property, residents and guests alike can explore the neighbourhoods rich cultural offerings, dynamic nightlife, and proximity to educational institutions, making it an ideal location for a variety of potential tenants.
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: +/- 150sqm
Asking Price: R2 750 000
Property Reference #: 6328285
Agent Details:
Quay 1 Property Specialist 46
Quay1 International Realty
153 Kloof Street
Gardens
Cape Town
Indulge in the prospect of acquiring this impeccably presented, fully furnished 4-bedroom, 2-bathroom residence situated in the heart of Observatory. Beyond the facade of a charming family home, lies a thriving AirBnB venture, consistently yielding between R35k to R40k in monthly revenue. This property encapsulates not just a house but an investment opportunity waiting to be seized.
Nestled in the vibrant neighbourhood of Observatory, this residence enjoys a prime location, strategically positioned to cater to the desires of modern urban living. With an array of eclectic cafes, trendy boutiques, and convenient public transportation options just a stone's throw away, the property becomes an appealing choice for both short-term and long-term guests.
Step inside and be welcomed by an interior exuding a perfect balance of style and functionality. The four bedrooms are thoughtfully curated to offer not just a place to rest but an experience in comfort. The furnishings, carefully selected to blend aesthetics with practicality, create an inviting atmosphere for guests to relish.
The property's status as a fully operational and successful AirBnB is evident in its consistent monthly revenue. With a proven track record and positive guest reviews, this residence is a testament to the untapped potential within the lucrative short-term rental market.
For the discerning investor, the beauty of this opportunity lies in its turnkey nature. The fully functional AirBnB operation can be seamlessly transitioned to the next owner, allowing them to effortlessly continue reaping the rewards of this established revenue-generating venture.
Beyond the confines of the property, residents and guests alike can explore the neighbourhoods rich cultural offerings, dynamic nightlife, and proximity to educational institutions, making it an ideal location for a variety of potential tenants.
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: +/- 150sqm
Asking Price: R2 750 000
Property Reference #: 6328285
Agent Details:
Quay 1 Property Specialist 46
Quay1 International Realty
153 Kloof Street
Gardens
Cape Town
Id Subtitle 1262157281
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Estimated monthly repaymentR 29,802
Total property loan amountR 2,750,000
Total interestR 4,402,467
Total repaymentR 7,152,467
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
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