SOLE MANDATE_ A purpose-built 12-room student accommodation. The property is located just minutes from Century City. This secure, income-generating residence is designed to meet the growing demand for quality student housing in Cape Town’s academic and commercial corridors.
Whether you're a seasoned investor or entering the student accommodation market, this turnkey asset offers strong rental potential, modern design, and long-term growth in a highly strategic location. Please note that the construction is not fully complete and the property may require minor finishing work or alterations.
Investment Highlights:
Strong rental demand from students at nearby institutions such as Varsity College, Vega, Damelin, Boston City Campus, and UCT (via transport). Rental income potential is estimated at R60,000 – R80,000+ per month when fully let. The property has low vacancy risk due to its location and the lack of purpose-built options in the area. Its proximity to Century City’s business hub increases long-term resale value. This property is ideal for student letting, coliving, or even young professionals.
Location:
The property is just 5 minutes from Canal Walk and Century City, with easy access to the N1 and N7 highways. It is close to public transport, shopping centres, and tertiary institutions, and is situated in a safe, quiet residential street.
Leon Singer is a representative of Real Estate Power CC, T/A RE/MAX PREMIER, a franchise of RE/MAX SA. Each Office Independently Owned and Operated
