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R9,595,000

R9,595,000

17 Bedroom House For Sale in Observatory
17
Bedrooms
6
Bathrooms
2
Garages
Print

Dual Opportunity: Secure Income & Renovation Potential

Web Ref. RL3506
Floor size 239.00 m²
Monthly Bond Repayment
R99,038.47
Investors, take note! This 17-bedroom gem in Observatory offers:

1. Immediate Returns: Proven track record of successful student and young professional accommodation business, promising steady income.
2. Renovation Potential: Massive double-storey semi-detached property with scope for enhancement and value-add.

Key Features:

- 17 well-appointed bedrooms
- 6 modern bathrooms
- 4 fully equipped kitchens
- 3 lounges (including 1 convertible entertainment area)
- 2 reception areas
- Double garage (38m²) with automated roll-up door
- Panoramic views of Table Mountain
- Borehole water system for sustainable living
- Enhanced security features

Perfect for:

1. Investors seeking steady income streams
2. Renovators looking to unlock property potential

Don't miss this rare opportunity! Contact us for a private viewing.

This rewritten version highlights both the immediate income potential and the scope for renovation, appealing to a broader range of investors.

Features

Interior
17 Bedrooms
6 Bathrooms
Exterior
2 Garages
Pet Friendly
Security
Sizes
Floor Size 239 m²
Listing Info
Date Listed 07-05-25
Time Listed 10:16