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R23,000,000 | 20 Bedroom Apartment Block For Sale in Table View

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R23,000,000

9 Boy de Goede Circle, Table View, Blouberg

Monthly Bond Repayment R229,627.37
Calculated over 20 years at 10.5% with no deposit. Change Assumptions

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Monthly Rates
R4,404.26

Prime Investment Opportunity: Leetch Views, 9 Boy De Goede Circle – Fully Furnished Airbnb-Ready

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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.

Features

20
12
Pets Allowed
Yes
Interior
Bedrooms
20
Bathrooms
12
Kitchen
12
Reception Rooms
24
Furnished
No
Exterior
Security
Yes
Parkings
11
Domestic Accomm.
1
Pool
No
Scenery/Views
Yes
Sizes
Floor Size
645m²
Land Size
654m²
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-33.830825499999996, 18.5157386
Paul Labuschagne
Paul Labuschagne
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