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Serious Investment Opportunity: Modern 17-bedroom Student Accommodation
R 12,995,000
Can I afford this?
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Parking:Covered
Description
Quay 1 International Realty proudly presents this lucrative investment opportunity that combines modern comfort with affordability!
On offer is a prime property featuring 17 bedrooms, perfectly suited for student accommodation. This centrally located gem is not only a sound investment but also a sought-after housing option year-round.
Key Features:
1. Central Location: Situated in a leafy green Rondebosch pocket, this property enjoys proximity to major educational institutions, making it an ideal choice for students seeking convenient housing options. Within walking distance to the UCT campus and the Rondebosch shopping precinct.
2. Modern and Comfortable: The property boasts contemporary design and furnishings, ensuring students enjoy a comfortable and stylish living experience. Each bedroom is thoughtfully designed to provide a cozy, light and positive atmosphere.
3. Affordable: Offering competitive rental rates, this accommodation is attractive to budget-conscious students and parents alike. This affordability ensures high occupancy rates throughout the academic year.
4. Excellent ROI: With its strategic location, modern amenities, and competitive pricing, this property offers an exceptional return on investment. Expect consistent rental income and impressive long-term growth potential.
5. Airbnb Friendly: Beyond student accommodation, this property is Airbnb-friendly, allowing for seasonal rentals during academic breaks, conferences, and events. Maximize your earnings with flexible leasing options.
6. Ample Parking: A standout feature of this property is the generous parking space available, a rare commodity in many urban areas. This amenity enhances its appeal to both residents and guests.
7. Safety: Safety is a top priority, and this property is equipped with modern security systems, ensuring peace of mind for both tenants and investors.
Investment Details:
Total Bedrooms: 17
Property Type: Multi-unit student accommodation
Current Occupancy Rate: High
Potential for Rental Increases: Yes
Airbnb Income Potential: Yes
Parking: Ample space
Security: Modern surveillance and safety features
The building consists of 3 units.
Unit 1 - Ground floor unit consisting of
5x Bedrooms
2x Bathrooms
Shared kitchen, lounge and living area
Fully furnished
Dedicated pre-paid metre
Unit 2 - First-floor duplex consisting of:
6x Bedrooms
3x Bathrooms
Shared kitchen, lounge and living area
Fully furnished
Dedicated pre-paid metre
Unit 3 - First-floor duplex consisting of:
6x Bedrooms
3x Bathrooms
Shared kitchen, lounge and living area
Fully furnished
Dedicated pre-paid metre
Why Invest Now?
Steady Demand: The demand for quality student accommodation in this central location remains consistently high, ensuring a stable income stream.
Strong Growth Potential: As the city continues to expand, property values in this area are poised for appreciation, guaranteeing long-term capital gro...
Property Reference #: 6153479
Agent Details:
Trent Gibbons
Quay1 International Realty
153 Kloof Street
Gardens
Cape Town
On offer is a prime property featuring 17 bedrooms, perfectly suited for student accommodation. This centrally located gem is not only a sound investment but also a sought-after housing option year-round.
Key Features:
1. Central Location: Situated in a leafy green Rondebosch pocket, this property enjoys proximity to major educational institutions, making it an ideal choice for students seeking convenient housing options. Within walking distance to the UCT campus and the Rondebosch shopping precinct.
2. Modern and Comfortable: The property boasts contemporary design and furnishings, ensuring students enjoy a comfortable and stylish living experience. Each bedroom is thoughtfully designed to provide a cozy, light and positive atmosphere.
3. Affordable: Offering competitive rental rates, this accommodation is attractive to budget-conscious students and parents alike. This affordability ensures high occupancy rates throughout the academic year.
4. Excellent ROI: With its strategic location, modern amenities, and competitive pricing, this property offers an exceptional return on investment. Expect consistent rental income and impressive long-term growth potential.
5. Airbnb Friendly: Beyond student accommodation, this property is Airbnb-friendly, allowing for seasonal rentals during academic breaks, conferences, and events. Maximize your earnings with flexible leasing options.
6. Ample Parking: A standout feature of this property is the generous parking space available, a rare commodity in many urban areas. This amenity enhances its appeal to both residents and guests.
7. Safety: Safety is a top priority, and this property is equipped with modern security systems, ensuring peace of mind for both tenants and investors.
Investment Details:
Total Bedrooms: 17
Property Type: Multi-unit student accommodation
Current Occupancy Rate: High
Potential for Rental Increases: Yes
Airbnb Income Potential: Yes
Parking: Ample space
Security: Modern surveillance and safety features
The building consists of 3 units.
Unit 1 - Ground floor unit consisting of
5x Bedrooms
2x Bathrooms
Shared kitchen, lounge and living area
Fully furnished
Dedicated pre-paid metre
Unit 2 - First-floor duplex consisting of:
6x Bedrooms
3x Bathrooms
Shared kitchen, lounge and living area
Fully furnished
Dedicated pre-paid metre
Unit 3 - First-floor duplex consisting of:
6x Bedrooms
3x Bathrooms
Shared kitchen, lounge and living area
Fully furnished
Dedicated pre-paid metre
Why Invest Now?
Steady Demand: The demand for quality student accommodation in this central location remains consistently high, ensuring a stable income stream.
Strong Growth Potential: As the city continues to expand, property values in this area are poised for appreciation, guaranteeing long-term capital gro...
Property Reference #: 6153479
Agent Details:
Trent Gibbons
Quay1 International Realty
153 Kloof Street
Gardens
Cape Town
Id Subtitle 1239700672
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Estimated monthly repaymentR 140,828
Total property loan amountR 12,995,000
Total interestR 20,803,656
Total repaymentR 33,798,656
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
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