R9,595,000

House for sale Observatory
Property photo number 1 of 6 Photos for Property. File  104976322_3061_eae517684d1ca6f7f73f71b7018106c8.avif

Overview

SUMMARY: Discover an opportunity with this Observatory house for sale and available for R9,595,000. This could be your next ideal home or a smart investment. More details await.
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 featuresPerfect for:1. Investors seeking steady income streams2. Renovators looking to unlock property potentialDon'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.
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Details

  • Beds: 17
  • Baths: 6
  • Price: R9,595,000
  • Reference No.: 2445790
  • Parking Spaces: 2

Location

Marketed by:

  • Volschenk & Heyns
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