20 Bedroom Apartment Block For Sale in Table View, JRL35678

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Property Overview Zoning GR3

Leetch Views offers a diverse portfolio of fully furnished, Airbnb-ready units, each designed with modern finishes and open-plan layouts. The property comprises:

8 x 2-Bedroom, 1-Bathroom Units: Open-plan kitchen, dining, and lounge areas.

2 x 1-Bedroom, 1-Bathroom Units: Open-plan kitchen and dining areas.

1 x Studio Unit: 1 Bedroom, 1 Bathroom, open-plan kitchen, dining, and lounge.

1 x Bachelor Unit: 1 Bedroom, 3/4 Bath, Kitchenette.

Additional amenities include:

11 Parking Bays: Including 2 Visitor Bays.

Store Room: For additional storage needs.

Bin Room: For waste management.

Salon Room: Potential for additional 1-Bedroom unit.

Staff Quarters: Separate accommodation for staff.

Server Room with Toilet: For IT infrastructure.

Investment Highlights

Consistent Income Stream: The property generates an average monthly rental income of R350,000, supported by secured term contracts with corporate vendors.

Airbnb-Ready: Units are fully furnished, air-conditioned, and designed to meet Airbnb standards, ensuring high occupancy rates.

Security & Sustainability: Equipped with 24/7 access control, electric fencing, CCTV, solar geysers, and backup power, reducing operational costs and enhancing tenant satisfaction.

Low Maintenance: The property's design and amenities are tailored for minimal upkeep, ensuring long-term profitability.

Expansion Potential: The salon room offers the possibility to convert into an additional 1-bedroom unit, further increasing rental income.

Location & Market Appeal

Situated in Table View, Cape Town, Leetch Views benefits from its proximity to Blouberg Beach, offering scenic views of Table Mountain and easy access to the city's attractions. The area's popularity among tourists and professionals alike ensures a steady demand for short-term rentals.