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R2,999,500

Monthly Bond Repayment R31,987.56
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Investor's Dream: Prime Student Accommodation in Rondebosch, Cape Town

Situated in the highly sought-after Rondebosch, this 4-bedroom, 2-bathroom home is a golden investment opportunity, especially for those looking to tap into Cape Town's vibrant student rental market. Rondebosch is renowned for its proximity to the University of Cape Town (UCT), making this property ideal for student accommodation, and it boasts a prime location with all the conveniences and lifestyle amenities students need.

Spacious Student Living
This property is perfect for a student house, offering four generously sized bedrooms, each providing plenty of space for study and relaxation. The spacious lounge and dining room create an ideal communal area where students can unwind or socialize. The property also boasts a fully equipped kitchen, complete with plumbing for both a dishwasher and washing machine—ensuring convenience for student living.

Charming Balcony & Social Spaces
One of the standout features of this home is the beautiful outdoor balcony, perfect for social gatherings or a quiet place to relax after a long day of classes. It’s an inviting space that adds to the charm and potential of this property as a student hub, offering both privacy and comfort.

Old-School Charm with Modern Potential
With its stunning parquet floors, this home carries a sense of old-school charm that can easily be transformed into the ultimate student home. The main bathroom comes with a large built-in utility closet, ideal for extra storage space. The property is also secured with two dedicated parking spots, an added bonus in this popular student area. With a potential rental income of R28,000 per month, this property is truly an investor's dream.

Proximity to Student Essentials
The location couldn’t be more ideal for students. Riverside Mall, offering a variety of shopping and dining options, is just around the corner. The property is also close to the famous Jammie Shuttle route, providing free and convenient transport to and from UCT, adding another layer of convenience for potential tenants.

Prime Location in a Quiet, Serene Neighbourhoods
Despite being in the heart of Rondebosch, this property enjoys a serene and quiet atmosphere, perfect for students who need a peaceful environment to focus on their studies. It is located near all major roadways, such as the M3 and Main Road, allowing for easy access to surrounding areas and Cape Town's city center. Recreational spots such as Keurboom Park and Rondebosch Common are within easy reach, offering scenic outdoor spaces for downtime and relaxation.

Summary

4 Bedrooms, 2 Bathrooms
Spacious lounge/dining room
Kitchen with plumbing for dishwasher and washing machine
Parquet flooring and old-school charm
Large balcony area for socializing or relaxing
Secure with two dedicated parking spots
Rental income potential: R28,000/month
Walking distance to Riverside Mall and the Jammie Shuttle
Close proximity to UCT and major roadways

Don't miss out on this incredible opportunity—whether you're an investor looking for a high-return property or a buyer seeking the perfect student home, this gem has it all!

Features

4
2
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
2
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
2
Security
Yes
Sizes
Floor Size
174m²

Rondebosch, Cape Town

Situated in the heart of Cape Town, just moments away from the City Centre is the scenic and leafy suburb of Rondebosch. Loved by the community and mostly sought after for its renowned Victorian architecture and incredible views of Table Mountain, Rondebosch is surrounded by great schools and homes the University of Cape Town. It is considered to be among the safest places to live in South Africa. 
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

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Expenses

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Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

31,987.56

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