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R 3 700 000

4 Bedroom House for Sale in Observatory

Observatory, Cape Town

Contact agent for street address

4
4
1
251 m²
- m²: 251 m²
- Hectares: 0.025 ha
- Acres: 0.062 acres

Contact Agent

Michael Moffett

Show Contact Number

Prime Investment Opportunity in Observatory: Main House with 2 Apartments

Viewings by appointment with the agent.

This exceptional property in the heart of Observatory presents an ideal investment opportunity for savvy buyers looking to capitalize on the growing rental market. Featuring a main house and two fully self-contained apartments, the property generates an impressive rental income of R30,800 per month.

Main House

The spacious main house boasts two bedrooms with the option to easily convert a third room, adding even more value to this versatile space. Semi-furnished and well-maintained, the house appeals to long-term tenants seeking a comfortable living. The current rental income from the main house is R15,000 per month.

Apartments

The property also includes two apartments, each with its own kitchen and bathroom, ensuring complete independence for tenants.

The downstairs apartment generates R7,600 per month.

The upstairs...

Bedrooms: 4

Bathrooms: 4

Parking: 1

Flatlet

Listing number: P24-115030966, Image number: 1

Listing number: P24-115030966, Image number: 2

Listing number: P24-115030966, Image number: 3

Listing number: P24-115030966, Image number: 4

Listing number: P24-115030966, Image number: 5

Listing number: P24-115030966, Image number: 6

Listing number: P24-115030966, Image number: 7

Listing number: P24-115030966, Image number: 8

Listing number: P24-115030966, Image number: 9

Property Overview

Listing Number

115030966

Type of Property

House

Listing Date

07 October 2024

Erf Size

251 m²

Floor Size

107 m²

Rooms

Bedrooms

Bathrooms

Reception Rooms

Family/TV Rooms

External Features

Parking

Other Features

Flatlet

Yes

Points of Interest

Bond Calculator

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