House For Sale in Observatory
* Students Digs "For Sale" – Digitally friendly * Exclusive listing
An Iconic double volume House in OBS is home to no less than 22 students annually. 104 on Rochester has been performing student hosting business for more than 20 years. Customers annually renew contracts, no Hassles, with relationships with UCT, CPUT and other Tertiary education sources.
Welcome to your Brand new investment opportunity in the heart of Cape Town's ideal student accommodation suburb, en-route of the Jamie Bus, Convenience Shops, amenities and other local transport.
Investment comes equipped with all features necessary for an investment of its class, with infrastructure that will keep your customers returning year on year without struggles.16 student accommodation, 4 Shower bathrooms, 3 spacious kitchens, communal lounging Wooden Deck – Mountain views with Aluminium sliding windows
This building further offers – Main's Potential Rental of R360k + Flat R140k
A – Main house – consist of 3 Bedrooms with, main beds offering Bay windows, Solid wooden ceilings & floors, BIC, en-suite plus guest bathroom.
* Medium size entrance passage and staircase.
* Family lounge and dinning room with Oregon wooden ceilings.
* High tech and modern kitchen with fitted units, hob, oven with granite counters and backsplashes and fully tiled.
B – Fully fitted flat with bathroom and kitchen fitted with an Extractor, glass hob and oven.
c – Double garage fully tiled, inter leading to the main house and access to all other accommodation – rigged with washing machines
D. Upper floor stair case and Balcony with safety gate
* Student room offers – Desk, stairs, Bed, BIC and mattress each – Potential income of R xxxx
* Student living has supported Shower bathrooms
* Self catering kitchens fitted with cupboards, Fridge, Micro wave ovens and Hobs etc.
* Borehole – filtered Water system for personal and domestic use (pump included)
* Venetian Blinds on all windows and Security guards on ground floor
Premises is fitted with CCTV monitoring camera, Alarm systems, Remote control garage doors, Intercom and automatic gate control.