7 Bed House in Observatory

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