6 Bedroom House in Observatory
12 ivy street, Observatory, Cape Townlocation approximate: suburb level
6 bed · 3 bath · 377 m² erf
Description
*Furniture can be sold with the property*Welcome to an exceptional investment opportunity located in the vibrant suburb of Observatory. Perfectly positioned within walking distance to several tertiary education institutions, with easy access to major roads, highways, restaurants, and shopping centresthis property offers everything a savvy investor could ask for.The home features 6 well-sized bedrooms, 3 bathrooms, and 3 off-street parking bays. Designed for ease of management and consistent occupancy, it enjoys high year-round rental demand.The property also boasts a spacious open-plan kitchen fitted with plumbing points, a gas stove and oven combo with extractor, and a generous entertainment area. This flows seamlessly into a large garden with a designated braai areaideal for shared use while maintaining tenant privacy.Currently fully let and professionally managed by Revo Property, the property generates a gross rental income of R36,850.00 per month. The seller is also open to including the furniture at an additional cost, making this a truly turnkey investment.Dont miss out on this high-yield opportunitycontact me today to arrange a viewing.
What we know about this property
Each attribute shows where it came from and how sure we are. Model-derived attributes arrive as enrichment runs.
Resilience
- Backup Power Level
- Nonefrom the listing text · 94%
- Battery Backup
- Nofrom the listing text · 98%
- Borehole
- Nofrom the listing text · 98%
- Gas Hob
- Yesfrom the listing text · 96%
- Generator
- Nofrom the listing text · 98%
- Grey Water
- Nofrom the listing text · 98%
- Heat Pump
- Nofrom the listing text · 98%
- Inverter
- Nofrom the listing text · 98%
- Solar Geyser
- Nofrom the listing text · 98%
- Solar panels
- Nofrom the listing text · 98%
- Water Tank
- Nofrom the listing text · 98%
Security
- Alarm Beams
- Nofrom the listing text · 98%
- Armed Response
- Nofrom the listing text · 98%
- Boomed Area
- Nofrom the listing text · 98%
- Burglar Bars
- Nofrom the listing text · 97%
- CCTV
- Nofrom the listing text · 98%
- Electric Fence
- Nofrom the listing text · 98%
- Guard 24h
- Nofrom the listing text · 98%
- Security Estate
- Nofrom the listing text · 98%
Location
- Exposed to coastal wind
- Nofrom open data · 60%
- Estimated commute to CBD
- 11 minfrom open data · 60%
- Crime trend
- Stablefrom open data · 60%
- Distance to the sea
- 3.2 kmfrom open data · 60%
- Load-shedding block
- 15from open data · 60%
- SAPS precinct risk
- Highfrom open data · 60%
Market
- Days on market
- 478 daysfrom our price history
- Gross rental yield
- 2.9%from our price history
- Price change since listed
- 0.0%from our price history
- Times relisted
- 0from our price history
- Vs suburb median
- 1.04×from our price history
- Under Offer
- Nofrom our price history
Comfort
- Air Conditioning
- Nofrom the listing text · 97%
- Double Glazing
- Nofrom the listing text · 98%
- Fireplace
- Nofrom the listing text · 97%
- High Ceilings
- Nofrom the listing text · 98%
- North Facing
- Nofrom the listing text · 98%
- Quiet Street
- Nofrom the listing text · 98%
- Underfloor Heating
- Nofrom the listing text · 98%
- View Type
- Nonefrom the listing text · 77%
- Wind Protected
- Nofrom the listing text · 98%
Layout
- Flatlet
- Yesfrom the listing text · 94%
- Furnished
- Yesfrom the listing text · 98%
- Home Office
- Nofrom the listing text · 96%
- Lift Access
- Nofrom the listing text · 97%
- Living Areas
- 1from the listing text
- Open Plan
- Yesfrom the listing text · 76%
- Penthouse
- Nofrom the listing text · 98%
- Scullery
- Nofrom the listing text · 96%
- Single Level
- Nofrom the listing text · 92%
- Walk In Closet
- Nofrom the listing text · 97%
- Wheelchair Access
- Nofrom the listing text · 98%
Outdoor
- Balcony
- Nofrom the listing text · 97%
- Boat Caravan Parking
- Nofrom the listing text · 96%
- Borehole Irrigation
- Nofrom the listing text · 98%
- Braai Area
- Yesfrom the listing text · 92%
- Covered Patio
- Nofrom the listing text · 96%
- Established Trees
- Nofrom the listing text · 91%
- Garage Type
- Nonefrom the listing text · 61%
- Garden Size
- Largefrom the listing text · 98%
- Off-street parking bays
- 3from the listing text
- Pet Friendly
- Yesfrom the listing text · 98%
- Pool Type
- Nonefrom the listing text
Condition
- Needs Tlc
- Nofrom the listing text · 97%
Architecture
- Double Storey
- Nofrom the listing text · 74%
- Original Features
- Nofrom the listing text · 98%
- Thatched Roof
- Nofrom the listing text · 98%
Tenure Rules
- Exclusive Use Area
- Nofrom the listing text · 95%
- No transfer duty
- Nofrom the listing text · 98%
- Retirement Scheme
- Nofrom the listing text · 98%
- Short Let Allowed
- Nofrom the listing text · 97%
- Special Levy Mentioned
- Nofrom the listing text · 98%
- Utilities Included
- Nofrom the listing text · 97%
Connectivity
- Fibre
- Nofrom the listing text · 98%
Commercial
- Auction
- Nofrom the listing text · 99%
- Bank Assisted
- Nofrom the listing text · 98%
- Off Plan
- Nofrom the listing text · 98%
- Owner Relocating
- Nofrom the listing text · 98%
- Price Reduced
- Nofrom our price history
- Priced To Sell
- Nofrom the listing text · 95%
Portal facts
- Land size
- 377 m²
- Listing date
- 2 Jun 2025
- Property type
- House
- Listing number
- T5099894
- Rates and taxes
- R 1 100
- Feature: Lounges
- 1
- Feature: Bedrooms
- 6
- Feature: Flatlets
- yes
- Feature: Bathrooms
- 3
- Feature: Furnished
- yes
- Feature: Pet friendly
- yes