12 bedroom house for sale in Mowbray

A rare opportunity presents itself to acquire three semi-detached Victorian homes, built in 1932, showcasing timeless character, solid craftsmanship and strong, reliable rental income from day one. Each home retains its original charm with Oregon pine flooring throughout, beautifully preserved marble fireplaces, and authentic architraves, making this a standout investment in one of the most consistently high-demand pockets near UCT.

These properties are being sold with leases in place for the next 12–14 months, offering investors an immediate and guaranteed return on investment, with a robust student and young-professional tenant base in the area. This is an investment that performs from the moment you take transfer.

Each Victorian home offers:

• 3 spacious bedrooms inside the main house, all with generous built-in cupboards and dedicated desk/workstation areas.
• A full family bathroom.
• A separate outside bedroom with en-suite bathroom, accessed via the private courtyard — ideal for additional income.
• Open-plan lounge and dining area, flowing into a well-designed kitchen.
• Entrance hall bedroom featuring a striking, original marble fireplace.
• Second bedroom with double north-facing glass doors opening onto the courtyard, maximising natural light.
• Private third bedroom situated at the end of the passage.
• Secure off-street parking for 2–4 vehicles per home, depending on the unit.

Collectively, the three properties create a 12-bedroom investment portfolio, perfectly suited to buyers seeking:

• High-demand student accommodation near UCT
• A future B&B or boutique guesthouse conversion
• Long-term rental assets with exceptional occupancy rates
• Character-rich properties with rare historical appeal

With their architectural charm, established tenancies, and unbeatable location, these Victorian homes offer a secure, income-producing investment with multiple avenues for long-term value growth.

Each home measures a floor size of 132 sqm on 289 sqm of land.

Financials available upon request.