Observatory
R1,250,000 Web Ref 1311091
PROPERTY FEATURES
5 Bedrooms | 3.5 Bathrooms | 1 Reception Room | 1 TV Room | 2 Dining Rooms | 2 Lounges | 1 Study | 3 Store Rooms | 2 Flatlets | Security | Kitchen | Granny flat | House Levels | Entrance hall | 1 Fireplace | 1 Garage | 3 Parking Spaces | Pool | Garden
5 Bedroom Income-Generating Property for Sale
Income-Generating Property for Sale in Observatory – Prime Investment Opportunity! Ideal for Investors or Extended Families This spacious and versatile 5-bedroom home is superbly located directly opposite Observatory Primary School and offers multiple income streams or the flexibility to be converted into a large single-family residence. Currently divided into three self-contained sections, this well-maintained property offers exceptional value, strong rental potential, and long-term returns. With 24/7 CCTV surveillance for added peace of mind. Main Features: • 5 Bedrooms • 3.5 Bathrooms • 2 Lounges • 2 Dining Areas • 2 Fully Fitted Kitchens • Entrance Hall • Wooden Flooring Throughout Main House • Pool (Fully Fenced) • Automated Single Garage • Carport Parking for 3 Vehicles • Electric Fencing & Automated Gate • 2 Solar Geysers • 2 Street-Facing Entrances: Main entrance with vehicle access (facing the school) Pedestrian gate from a second street • 24/7 CCTV Cameras Section 1 – Flatlet / Income Unit: • 2 Bedrooms • 1 Full Bathroom • Lounge • Fully Fitted Kitchen • Storeroom Section 2 – Main House: • 3 Spacious Bedrooms (2 with Built-in Cupboards) • 1.5 Bathrooms • Lounge & Dining Room • Large Kitchen with Ample Storage Section 3 – Bachelor Flat / Domestic Quarters: • Open-Plan Bedroom & Living Area • Bathroom (Shower, Bath & Toilet) • Small Kitchenette Bonus Feature: Large Workshop Area – Ideal for conversion into a fourth income-generating flatlet, studio space, or home office. Location: Centrally located in Observatory, just steps from a primary school and minutes away from shops, public transport, and major routes. Security: Fully enclosed with perimeter walls, electric fencing, automated gate, multiple access points, and CCTV surveillance for enhanced safety. A Rare Opportunity This unique, income-bearing property is ideal for investors, extended families, or entrepreneurs looking to run a home-based business. Contact us today to arrange a private viewing and explore the endless potential this property offers!

ERF Size 673 m²
Rates R1,500 per month
Claris Chivandire claris.chivandire@rawson.co.za
Claris Chivandire
c. 067 939 5255