5 Bedroom House in Observatory
The Ultimate Hybrid Investment!
Why choose between a stunning family home and a solid income-bearing investment when you can have both This expansive property offers a luxurious primary residence with the incredible advantage of multiple, high-earning rental units.
Primary Residence & Integrated Flatlet
Main House Features: As you enter this beautiful, welcoming home, you are greeted by a wonderful entrance that leads to an open-plan lounge, entertainment room, and dining area. A chef''s kitchen and a 3 way cooking coal, gas or electric. This entire living space flows effortlessly onto the outside veranda, where a stunning setting awaits for family braais, all overlooking the wonderful garden and swimming pool.
Upstairs Approx. 208m2: Features five bedrooms and three bathrooms including a main MES.
Potential Rental Income: R18,000 per month if rented separately.
Downstairs Flatlet 4 - Approx. 72m2: Currently a separate wing featuring two bedrooms, one bathroom, and an independent kitchen. Perfect for extended family, guests, or as a rental unit. Potential Rental Income: R7,500 per month.
Independent Income-Generating Units
Flatlet 2: Ground Floor Bachelor Unit
Size: Approx. 32m2
Features: Open-plan unit with a dedicated kitchenette.
Potential Use: Ideal for a long-term tenant or optimized for Airbnb.
Potential Rental Income: R5,500 per month.
Flatlet 3: Upstairs Unit
Size: Approx. 54m2
Features: Includes a large bedroom with built-in cupboards BIC, a lounge, an open-plan kitchen, a separate study, and a bathroom.
Potential Rental Income: R7,000 per month.
Loft Unit -Flatlet 1
Size: Approx. 58m2
Features: Features a loft bedroom BIC, a large bathroom, an open-plan kitchenlounge area, and a private garden.
Potential Rental Income: R8,500 per month
GROSS RENTAL YIELD 14.13
Note: This calculation provides the Gross Yield, as it does not factor in any operating expenses like rates, levies, maintenance, insurance, or potential vacancy rates. The actual Net Yield would be lower once these costs are considered
Property details
- Listing number T5315394
- Property type House
- Listing date 24 Nov 2025
- Land size 1 914 m²
- Floor size 429 m²
- Rates and taxes R 3 500
- Levies R 0
Property features
- Bedrooms 5
- Bathrooms 4
- Lounges 2
- Dining areas 1
- Open parking 8
- Flatlets
- Pet friendly
- Balcony
- Patio
- Pool
- Security post
- Staff quarters
- Study
- Garden