17 Bed House in Observatory

Unmatched 17 Bedroom Investment.

Welcome to this exceptional double-storey, semi-detached property nestled in the heart of Observatory. Boasting a prime location, this property has been the cornerstone of a thriving student and young adult accommodation business for the past two decades.

The current owners, who reside on-site, have meticulously maintained and updated the property, ensuring its impeccable condition throughout the years. With a keen eye for detail, they have crafted a space that offers both comfort and functionality.

Featuring a total of 17 bedrooms, each equipped with built-in cupboards, 6 bathrooms comprising showers, toilets, and basins, and 4 fully equipped kitchens, this property offers ample space and convenience. Additionally, three spacious lounges, one of which can easily transition into an entertainment area, provide the perfect setting for relaxation and social gatherings.

The ground floor hosts two reception areas and a convenient scullery, while a massive 38m2 double garage, complete with an automated roll-up door, ensures seamless access to the property. Enjoy breathtaking views of Table Mountain and the surrounding areas from two expansive balconies, adding an element of serenity to everyday living.

Security is paramount, with the property fully enclosed by walls and equipped with CCTV cameras, burglar bars, and security gates, providing residents with peace of mind. Furthermore, a borehole on-site ensures a sustainable water supply, resulting in significant monthly savings.

Serious and pre-approved buyers are invited to seize this remarkable investment opportunity. Viewings are available by appointment only, allowing you to experience the charm and potential of this property firsthand.

Do not miss out on the chance to own a piece of Observatory''s vibrant community. Contact me today to arrange a viewing and take the first step towards securing your future in this sought-after location