Skip to main content

5 bedroom house

Cape Town, Observatory
House
5 beds
Added > 14 days

Features and description

  • 5 bedrooms
  • 3 bathrooms
  • Pet Friendly
  • Security
  • Furnished
NSFAS ACCREDITED ACCOMMODATION.

Sole Mandate

9.4% Net Return (after All deductions: WIFI, rates, cleaning)
* Optional Property Management at R1,700 per month
* ROI based on Marketing Price

Monthly Rent = R24,100 x 12

Costs
WIFI R1,000
Rates R1,100
Cleaning R1,600
Management R1,700 (Optional)

Guaranteed rental income with renewable leases until the end of the year.
Proven records of successful rentals over an extended period of six years.
Can be sold as a turnkey investment, inclusive of all furniture and appliances, allowing the next owner to seamlessly take over this solid and thriving business.
Good condition, with all functions operating smoothly, fully let.

Accommodation:
Five bedrooms with built-in cupboards
Three bathrooms (one is an en-suite)
Open plan living room with fireplace
Fitted kitchen with dining table space
Outdoor entertainment area, built-in braai and garden

Location:
Conveniently situated within the first residential block just off Main Road, this property provides easy access to transportation, shops, vintage stores, coffee shops, restaurants, and other amenities in the highly popular Obz area.
All essential amenities are located within a block of this prime location.
Close to UCT, Groote Schuur with easy access to town.

Security:
The property is well secured.

Area:
OBSID Observatory Improvement District provides public safety service in the area, cleaning and greening services on the streets and parks.

Visit agent website

About this agent

Knight Frank - Cape Town
Knight Frank - Cape Town
206 Main Road, Sea Point Cape Town 8005, South Africa
020 8022 6658
Full profile
We are passionate about property. Our foundations are built on supporting clients in one of the most significant decisions they’ll make in their lifetime. As your partners in property, we act with integrity and are here to help you achieve the very best price for your home in the quickest possible time. We offer a range of services for your property requirements. If you are selling, buying or letting a home, or you need some frank advice and insight on the current property market from our team, please get in touch. We’d love to hear from you.
... Show more
*Disclaimer and call rate information...