3 Bedroom House for sale in Observatory

Description

Dual Income 2 Bed Main house and 1 Bed Flat Turnkey Investment Opportunity in sought after Observatory - This versatile property currently generates income from two separate tenancies: For Sale Asking Price: R3 295 000 Rental Income: R25 900 per month Approximate Gross Yield: 9.4% Main house: 2 bedrooms, 1 bathroom, private courtyard. Income R16 900 Self-contained flat: 1 bedroom, 1 bathroom, separate entrance and private courtyard. Income R 9 000 Property Features Renovated in 2023 Victorian home -Original Oregon Pine floors throughout -High ceilings and central passage -Cast-iron wood-burning fireplace in the lounge -Modern kitchen with plumbing for a dishwasher and washing machine -Multiple plug points throughout -Spacious bedrooms with built-in cupboards -Secure flat with its own entrance Location Conveniently located within walking... Dual Income 2 Bed Main house and 1 Bed Flat Turnkey Investment Opportunity in sought after Observatory - This versatile property currently generates income from two separate tenancies: For Sale Asking Price: R3 295 000 Rental Income: R25 900 per month Approximate Gross Yield: 9.4% Main house: 2 bedrooms, 1 bathroom, private courtyard. Income R16 900 Self-contained flat: 1 bedroom, 1 bathroom, separate entrance and private courtyard. Income R 9 000 Property Features Renovated in 2023 Victorian home -Original Oregon Pine floors throughout -High ceilings and central passage -Cast-iron wood-burning fireplace in the lounge -Modern kitchen with plumbing for a dishwasher and washing machine -Multiple plug points throughout -Spacious bedrooms with built-in cupboards -Secure flat with its own entrance Location Conveniently located within walking distance of Observatory’s restaurants, cafés and amenities, with easy access to Woodstock, the MyCiTi bus route, the City Bowl, Southern Suburbs and the N2. Whether you are looking to expand your investment portfolio or secure an income-producing asset, this property offers immediate earning potential with tenants already established. Contact Lizl for financial details and viewings: by appointment for pre-qualified buyers. Read full description + window.loader.addCallback((renderComponent) => renderComponent({"name":"ReadMore","props":"#75803277","type":"c"}));

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.

Portal facts

Garden

Yes

Flatlet

Yes

Bedrooms

3

Erf Size

236 m²

Bathrooms

2

Floor Size

190 m²

Listing Date

20 July 2026

Pets Allowed

Yes

Listing Number

111658444

Rates and Taxes

R 2 166

Type of Property

House