Description
The Southern Suburbs of Cape Town are experiencing a significant rise in demand for student accommodation. This demand is driven by the influx of both local and international students attending universities in the area, such as the University of Cape Town (UCT). The shortage of student housing is partly due to the trend of converting long-term rentals into short-term holiday accommodations, which has led to higher rental prices for students.
To address this need, new developments are emerging in areas like Newlands, Rondebosch, and Mowbray. Properties such as 4 On Nursery in Rondebosch offer modern, fully furnished apartments with amenities like a gym and rooftop pool, catering to students and young professionals. Another option is NEST in Rosebank, which provides safe and secure accommodation with easy access to public and private universities.
Rental prices vary, with options ranging from around R4,250 to R8,950 per month for different types of accommodations in the area. The management of student accommodation is also a key concern, with a need for strict yet fair rules to ensure a conducive living environment for students and non-student residents alike.
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