NEW
Web Ref RL2194
R3,850,000
Monthly Bond Repayment R37,793.27
Calculated over 20 years at 10.25% with no deposit.
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Monthly Rates
R1,220
R1,220
Investor Opportunity: Income-Producing Home in Observatory
SOLE MANDATE
A spacious 5-bedroom character home on a consolidated 351 m² erf — centrally located, income-producing, and ideal for families or investors seeking versatile space in Observatory.
Features
5 Bedrooms (including a large main and separate Bedroom E wing)
2 Bathrooms (full bathroom + ensuite)
Dedicated Study
Large living room with good natural light
Kitchen + Scullery
Single garage + off-street parking
Private courtyard/yard + pool
Excellent position near Medical School, Lower Main Road & transport
Property Details
Consolidated erf: 351 m²
House size: ±142 m² (As-Built measured)
Zoning: GR2
Approved historical building plans
Current rental income: R28 000 p/m
Extras
Recent maintenance completed (pool pump, lights, plumbing, extractor, locks)
No VAT payable on sale or rental
A spacious 5-bedroom character home on a consolidated 351 m² erf — centrally located, income-producing, and ideal for families or investors seeking versatile space in Observatory.
Features
5 Bedrooms (including a large main and separate Bedroom E wing)
2 Bathrooms (full bathroom + ensuite)
Dedicated Study
Large living room with good natural light
Kitchen + Scullery
Single garage + off-street parking
Private courtyard/yard + pool
Excellent position near Medical School, Lower Main Road & transport
Property Details
Consolidated erf: 351 m²
House size: ±142 m² (As-Built measured)
Zoning: GR2
Approved historical building plans
Current rental income: R28 000 p/m
Extras
Recent maintenance completed (pool pump, lights, plumbing, extractor, locks)
No VAT payable on sale or rental
Features
Pets Allowed
Yes
Interior
Bedrooms
5
Bathrooms
2
Kitchen
1
Reception Rooms
2
Study
1
Furnished
Yes
Exterior
Garages
1
Security
Yes
Parkings
1
Pool
Yes
Sizes
Floor Size
142m²
Land Size
351m²
Marcell Bester
Principal Property Practitioner Registered with PPRA(FFC 2023219189) Show number View my listings WhatsApp
