3 Bedroom House in Observatory
59 lower main road, Observatory, Cape Townlocation approximate: suburb level
3 bed · 3 bath · 169 m² erf
Description
This is the very heart of Observatory, where you can feel the vibe and spirit of the neighborhoodThe property is suitable as an AirBnB, business premises, or long term rental investment.Accommodation consists of three bedrooms, each with an own en-suite bathroom and built-in cupboards.A guestroom is upstairs.The living room lounge is in front by the entrance. An outside area in from is also private and secure and overlooks the Lower Main Road.Your fitted, eat-in kitchen with washing machine and dish-washing facilities has lots of built-in cupboards and a pantry for storage. A fireplace and skylights here too.A wash basin is by your back door that leads to a private, paved and secure parking area.The property has new electrical wiring with a pre-paid meter and high-tech alarm.Vacant occupation on transfer is possible.Walking distance to the train station, hospital, supermarkets, local bars and restaurants.The property is rented out on a 1-year lease until 30 April 2027 generating a rental of ZAR 21,500 per month. Please note that no personal viewing of the property is possible during this time. You can however benefit from my walk-though video taken earlier this year.REPLY TO THIS ADVERTISEMENT AND RECEIVE A FLOORPLAN AND VIDEO TOUR OF THE PROPERTY
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.
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
- 58 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
- 0.90×from our price history
- Under Offer
- Nofrom our price history
Commercial
- Price Reduced
- Nofrom our price history
Portal facts
- Land size
- 169 m²
- Listing date
- 28 Jul 2026
- Property type
- House
- Feature: Study
- yes
- Listing number
- T5568417
- Rates and taxes
- R 1 295
- Feature: Kitchen
- yes
- Feature: Bedrooms
- 3
- Feature: Bathrooms
- 3
- Feature: Open parking
- 1
- Feature: Pet friendly
- yes