High-Return Student Housing Investment in Observatory
Operating successfully since 2010, this three-story building houses over 40 decently sized, en-suite rooms — a standout feature in the student rental market. With an average occupancy rate consistently above 80%, the property runs like a well-oiled machine.
Each floor is equipped with its own kitchen and fridge facilities, while the top floor offers a spacious, beautifully finished communal study area flooded with natural light — a favourite among students. Multiple communal spaces create a sense of community while giving residents room to breathe.
Cleanliness and hygiene are rigorously maintained, thanks to strict operational protocols and a dedicated in-house laundry system. A friendly on-site reception team manages daily operations smoothly and professionally.
Security is another standout feature: an extensive camera system has been installed throughout the property, with dozens of strategically placed surveillance cameras feeding into a central control room located next to reception — providing peace of mind for students and management alike.
This is more than just a building — it's a fully operational, income-generating business. And thanks to its proximity to numerous colleges, universities, and training centers, demand remains high year-round.
If you're looking for a low-risk, high-reward investment in Cape Town's student accommodation sector, this is it.
Serious investors are encouraged to reach out for further details, including financial performance and turnover figures. This is a rare opportunity to step into a profitable, well-managed operation in a premium location.
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While every effort will be made to ensure that the information contained within the Volschenk & Heyns website is accurate and up to date, Volschenk & Heyns makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.