NO TRANSFER DUTY
Web Ref RL2712
R4,000,000
Monthly Bond Repayment R39,935.19
Calculated over 20 years at 10.5% with no deposit.
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Prime Investment Opportunity – Student-Living Accommodation
Excellent Student & Young Professional Accommodation – Close to University
Well situated in the vibrant suburb of Observatory, this shared accommodation is ideal for students and young professionals. It is very close to the Jammie Shuttle and surrounding tertiary institutions, making travel convenient. This property is also conveniently located near the University of Cape Health Sciences Campus and the main campus, with many amenities catering to student life, such as budget-friendly eateries, cafes, and shops.
The stand holds two properties, each containing: 5 bedrooms 2 bathrooms
The rent includes: Wi-Fi Weekly cleaning service
Utilities: Water and electricity billed in arrears Each parking bay available for R250 per month
Additional Fees (Effective 1 January 2026): Non-refundable application fee: R1,095 Once-off lease drafting fee: 11% of the monthly rental amount (excluding VAT), payable upon signing the lease agreement Monthly cleaning material fee: R220 Monthly tenant user charge: R155
Cleaning Fees (Non-Negotiable): Standard Room: R200 per month (1 clean per week) En Suite Room: R300 per month (1 clean per week)
Qualification Requirements: Account payer must earn at least 3 times the rental amount Good credit history required
Please WhatsApp the listed number to schedule a viewing.
Well situated in the vibrant suburb of Observatory, this shared accommodation is ideal for students and young professionals. It is very close to the Jammie Shuttle and surrounding tertiary institutions, making travel convenient. This property is also conveniently located near the University of Cape Health Sciences Campus and the main campus, with many amenities catering to student life, such as budget-friendly eateries, cafes, and shops.
The stand holds two properties, each containing: 5 bedrooms 2 bathrooms
The rent includes: Wi-Fi Weekly cleaning service
Utilities: Water and electricity billed in arrears Each parking bay available for R250 per month
Additional Fees (Effective 1 January 2026): Non-refundable application fee: R1,095 Once-off lease drafting fee: 11% of the monthly rental amount (excluding VAT), payable upon signing the lease agreement Monthly cleaning material fee: R220 Monthly tenant user charge: R155
Cleaning Fees (Non-Negotiable): Standard Room: R200 per month (1 clean per week) En Suite Room: R300 per month (1 clean per week)
Qualification Requirements: Account payer must earn at least 3 times the rental amount Good credit history required
Please WhatsApp the listed number to schedule a viewing.
Features
Pets Allowed
No
Interior
Bedrooms
10
Bathrooms
2
Kitchen
1
Reception Rooms
2
Furnished
No
Exterior
Security
No
Parkings
10
Pool
No
Sizes
Floor Size
231m²
Land Size
395m²
