4 Bedroom Apartment For Sale in Rondebosch Village - 3 SS OUTENIQUA 5A Lulworth Road, WSD6999

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Prime Student Accommodation Investment Opportunity with Stunning Views

Now is the ideal moment to step into the student accommodation sector! The demand is soaring, and rental income is rock-solid. This presents an outstanding investment opportunity. Tenants signed up for 2024 at R25 200pm.

Nestled within an Art-deco building housing just four units, this apartment is currently configured to give four bedrooms and two bathrooms and is leased at R24,000 per month. You can seamlessly assume the existing tenant leases or choose to renovate and amplify your investment potential.

Its prime location offers proximity to Main Road shops and UCT, making it an attractive proposition. Whether you wish to offset your children's university living expenses or tap into the thriving student housing market, this property is perfectly situated between the railway line and Main Road, within a short, convenient walk to UCT and the bustling Rondebosch shopping district.

This flat boasts breathtaking North West views, and every bedroom features generous windows with captivating vistas of Devil's Peak. The presence of two bathrooms and two secure parking spaces behind automated gates is a significant advantage. The entire property is shielded by electric fencing for added security.

Additionally, the property includes a communal garden area with barbecue facilities for entertaining friends or enjoying your private deck for a tranquil escape.