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R13,750,000

377 Lower Main Road
Monthly Rates
R26,000 Excl. VAT

Investment opportunity: Premium student accommodation for Sale – 42 en suite bedrooms

An exceptional opportunity to acquire a fully operational, high-yield student accommodation property in the heart of Cape Town’s academic district.

Purpose-built and designed for modern student living, this property is ideally located within easy reach of several prestigious institutions.

Property Highlights:
42 Fully Furnished En Suite Bedrooms
2 Spacious, Fully Equipped Kitchens
2 Communal Living Areas with Satellite TV
On-site Laundry Facilities
Daily Cleaning of Communal Areas (Monday –Friday)
Reception Staff Available (Monday – Friday)
Regular Fumigation Services Included
Private 24/7 Security

Biometric/Facial Recognition Access System
This property is not only move-in ready but also a turnkey investment with existing
operational systems in place, offering consistent rental income and strong occupancy
potential.

Unbeatable Location:
Easy Access to Leading Educational Institutions
Cape Audio College
Capsicum Culinary Studio
College of Cape Town / Woodstock Campus
EDUVOS
BHC School of Design
AFDA
SA Maritime School & Transport College
The International Hotel School
Cape Town Creative Academy
Red & Yellow Creative School of Business

Why Invest?
High-demand rental area with consistent student occupancy
Secure and well-maintained premises
Scalable management setup with existing infrastructure

Ideal for investors seeking a solid ROI in the student housing sector.

Contact us today to arrange a viewing or request more information on this rare investment opportunity in Cape Town’s thriving student accommodation market.

Features

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0
Zoning:
Commercial
Exterior
Security
Yes
Sizes
Floor Size
965m²

Salt River, Cape Town

Located near Table Bay and east of Cape Town's CBD, bordered by the nearby suburbs of Observatory, Woodstock and the City Bowl, lies the bustling suburb of Salt River; Once the industrial epicentre of Cape Town owing to its proximity to the heart of the city, Salt River is now teeming with businesses, residential properties, schools and is in proximity to several world-renowned attractions, including Signal Hill,...
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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:

Income

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Expenses

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Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

187,465.69

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