R 1 250 000
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5 Bedroom House in Observatory

5 3 4 673 m²

5 Bedroom Income-Generating Property for Sale

Income-Generating Property for Sale in Observatory Prime Investment Opportunity!

Ideal for Investors or Extended Families

This spacious and versatile 5-bedroom home is superbly located directly opposite Observatory Primary School and offers multiple income streams or the flexibility to be converted into a large single-family residence.

Currently divided into three self-contained sections, this well-maintained property offers exceptional value, strong rental potential, and long-term returns.

With 24/7 CCTV surveillance for added peace of mind.

Main Features:

5 Bedrooms

3.5 Bathrooms

2 Lounges

2 Dining Areas

2 Fully Fitted Kitchens

Entrance Hall

Wooden Flooring Throughout Main House

Pool (Fully Fenced)

Automated Single Garage

Carport Parking for 3 Vehicles

Electric Fencing & Automated Gate

2 Solar Geysers

2 Street-Facing Entrances:

Main entrance with vehicle access (facing the school)

Pedestrian gate from a second street

24/7 CCTV Cameras

Section 1 Flatlet / Income Unit:

2 Bedrooms

1 Full Bathroom

Lounge

Fully Fitted Kitchen

Storeroom

Section 2 Main House:

3 Spacious Bedrooms (2 with Built-in Cupboards)

1.5 Bathrooms

Lounge & Dining Room

Large Kitchen with Ample Storage

Section 3 Bachelor Flat / Domestic Quarters:

Open-Plan Bedroom & Living Area

Bathroom (Shower, Bath & Toilet)

Small Kitchenette

Bonus Feature:

Large Workshop Area Ideal for conversion into a fourth income-generating flatlet, studio space, or home office.

Location:

Centrally located in Observatory, just steps from a primary school and minutes away from shops, public transport, and major routes.

Security:

Fully enclosed with perimeter walls, electric fencing, automated gate, multiple access points, and CCTV surveillance for enhanced safety.

A Rare Opportunity

This unique, income-bearing property is ideal for investors, extended families, or entrepreneurs looking to run a home-based business.

Contact us today to arrange a private viewing and explore the endless potential this property offers!

Property details

  • Listing number T5176343
  • Property type House
  • Listing date 2 Aug 2025
  • Land size 673 m²
  • Rates and taxes R 1 500

Property features

  • Bedrooms 5
  • Bathrooms 3
  • Lounges 2
  • Dining areas 2
  • Garage parking 1
  • Open parking 3
  • Storeys 1
  • Pet friendly
  • Access gate
  • Alarm
  • Fenced
  • Pool
  • Storage
  • Study
  • Entrance hall
  • Kitchen
  • Garden
  • Scullery
  • Pantry
  • Electric fencing
  • Family TV room
  • Fireplace

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