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