Find it.Tour it.Trust it.
Pick how you want to view this place
Schedule an in-person walkthrough or a live video call with the host. Both go through Liivra — your phone number stays private until the host confirms.
Salt River, Salt River, Cape Town, Western Cape
R 1 750 000
Income-Generating Student Accommodation Investment in Salt River Asking Price: R1 900 000 SOLE & EXCLUSIVE MANDATE - PRIVATE SALE Located at 9 Burns Road, Salt River, this double-storey investment property presents an excellent opportunity for investors seeking immediate rental income and strong cash flow in one of Cape Town's most sought-after student accommodation nodes. The property is currently fully occupied and generates a gross monthly rental income of R20 000, with four tenants each paying R5 000 per month. Positioned close to major educational institutions, transport routes, and key amenities, demand for accommodation in this area remains consistently strong. Property Features: 4 Bedrooms 2 Bathrooms Double-storey unit Off-street parking Secure parking for 1 vehicle behind gate Washing lines Fully tenanted Prepaid electricity Monthly Income & Expenses Rental Income: R20 000 Electricity: R1 500 Wi-Fi: R950 Rates & Water: R3 000 Total Monthly Expenses: R5 450 Net Monthly Income: R14 550 Investment Performance Gross Annual Income: R240 000 Net Annual Income: R174 600 Gross Yield: 12.63% Net Yield: 9.19% Monthly Net Cash Flow: R14 550 This is a turnkey investment opportunity with tenants already in place, providing immediate returns from day one. Whether you're looking to expand your property portfolio or enter the student accommodation market, this property offers attractive yields, stable occupancy, and long-term growth potential in the ever-popular Salt River precinct. Investors Take Note: Properties delivering a net yield above 9% in Cape Town are increasingly difficult to find. Secure a cash-flowing asset in a high-demand rental market with proven income and minimal vacancy risk. Contact us today to arrange a viewing and obtain the full financial breakdown.
Estimated monthly repayment
R 16 526
on a R 1 575 000 bond over 20 years at 11.25%
Estimate only — actual rates depend on your credit profile + bank approval. Consult a bond originator for a formal quote.
Tell me your monthly income + any deposit — I'll estimate your bond, rates & levies for this home.
Get pre-approval from one of our bond partners.
No media of this kind has been uploaded yet.
Salt River, Salt River, Cape Town, Western Cape
Approximate location — the pin is centred on the suburb. The landlord will share the exact address on enquiry.
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Listed by
Tebogo Mabunda
Unclaimed listing — claim it to verify
Use the Message agent button at the bottom of the page to start a Liivra Chat. Your number stays private.
Browse more from this agent
TownhouseR 1 350 000
Bredasdorp
HouseR 1 450 000
Strandfontein Village
HouseR 1 599 000
Rosedale
HouseR 1 320 000
Gaylee
HouseR 1 595 000
Sunridge
Flat / ApartmentR 1 299 000
Woodstock
Flat / ApartmentR 1 575 000
Gansbaai Central
HouseR 1 380 000
Electric City
