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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
R97,411.21
EXCLUSIVE MANDATE

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

Disclaimer

While every effort will be made to ensure that the information contained within the Volschenk & Heyns website is accurate and up to date, Volschenk & Heyns makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.