This exceptional 6-storey commercial property in the heart of Cape Town’s CBD offers an outstanding investment opportunity with a monthly rental income of R768,000. Comprising 86 self-contained rooms, each equipped with its own bathroom, the property is currently operated as student accommodation but is equally suited for long-term residential leasing or short-stay rentals. Situated in a high-demand area, the building benefits from constant occupancy, ensuring a steady income stream. The ground floor is occupied by a popular restaurant, adding a further revenue-generating element to the property and enhancing its overall appeal.
Designed for both convenience and functionality, the building offers secure access, street parking, and 10 dedicated parking bays within the structure—a rare
find in the bustling CBD. The prime location ensures easy access to universities, business districts, public transport, and retail hubs, making it highly attractive to both students and professionals. Whether you’re an investor looking for strong rental returns or a developer seeking to repurpose the space, this versatile and income-generating property is a premium asset in Cape Town’s thriving real estate market.
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