Investment- Prime 5 Bedroom House For Sale in Observatory

Cape Town ZA Show map

SALE PRICE

USD 139 148.10

Original price: USD 139148.10
The prices shown here are based on exchange rates. The exchange rates are based on various public sources, are for information purposes only and are not considered correct.
The actual rates of your bank, credit card company or other institution may vary. Important additional information.
Sorry, no exchange rate USD Price on request 139148.10

235 m²

1 Floors

235 m²

5 Car Spaces

Discover an investment offering with this NSFAS (National Student Financial Aid Scheme)- accredited accommodation ensuring a reliable return.

Financial Snapshot of 2023:

• Annual Income 2023: R307,166

•Annual Profit 2023: R215,545

Projected Income for 2024

•Annual Income 2024: R312 600

•Annual Profit 2024: R222 468

Key Features:

• Guaranteed rental income with renewable leases signed up to the end of 2024

• Proven records of successful rentals spanning several years

• Sold with all furniture and appliances in use

Property Layout:

• Five bedrooms with built-in cupboards – 2 larger with 3 smaller bedrooms

• Three bathrooms (one is an en-suite)

• Open plan living room with a fireplace

• Spacious, fitted kitchen with ample dining space leading onto back courtyard/braai area

• Outdoor entertainment area with a built-in braai• Laundry area to the side of the property.

Conveniently situated just off Main Road, this property provides easy access to major routes, shops and other amenities. Within in close proximity to UCT, major hospitals and with easy access to town, the airport and Southern suburbs.

The property is well-secured, with security gates, burglar bars and an alarm system. OBSID (Observatory Improvement District) enhances the overall experience, providing public safety services, cleaning and greening services on the streets and parks as well as outreach services to the homeless and other vulnerable community members.

Seize this opportunity to invest in a thriving property in Observatory, where convenience, returns and a vibrant community converge.

Expand description

Available from:

11.06.2024

Year of Construction:

2015

Type:

House

7925 Western Cape Cape Town South Africa

Outdoor Amenities

24 Hour Security

Show All

This is a property advertisement published and maintained by Chas Everitt Cape Town South and does not constitute binding information for this property. Although we require advertisers to provide accurate information, we can only publish these advertisements in good faith and have not verified any claims or statements or inspected the advertised properties, locations or offers. Primemasters does not own or control and is not responsible for the properties, facilities, site content, products or services provided or advertised by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the above. We therefore accept no liability arising from the confidence placed in us by readers or persons to whom such information is made available. You must conduct your own research and seek independent professional advice before making any decision to purchase, rent or invest in property.