£113,301
Added > 14 days
5 bedroom house
Cape Town, Observatory
020 8022 6658
Call
Save
Share
House
5 bed
bath
Property description & features
- 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.
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.
Places of interest
020 8022 6658
Request viewing/info
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.
*DISCLAIMER
Property reference PDR5973. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Knight Frank - Cape Town. Please contact the selling agent directly to obtain any more information.