9 Bedroom House For Sale in Cape Town

Property description

NO TRANSFER DUTY
Ideal property for month to month rental averaging 5.000 rand per room. 9 rooms available
45.000 rand income is just shy of 10% gross yield.
perfect for students or young professionals due to it's central location between town, universities and businesses.

2 bathrooms with option to add, communal outside area, kitchen, toilet and lounge area.

3 similar units available each at 1.500.000 rand excl VAT eacht. Can be bought in bulk.
These properties generate exceptional long term stable rental return of 13.000 rand each. yielding 9%. I

The houses, each with MU2 zoning. The property boasts breathtaking views of the iconic Table Mountain.