A MULTI-INCOME INVESTMENT | OBSERVATORY
Asking R5,500,000 Negotiable
Situated on a 1,191 m² erf along Grace Road, Observatory, this versatile property offers an attractive combination of residential comfort and income-generating potential.
The main residence features four bedrooms, generous living and entertainment areas, a well-appointed kitchen, separate scullery, home office, wine cellar and swimming pool.
The property is complemented by five well-proportioned cottages generating R43,550 in combined monthly rental income, translating to R522,600 per annum before expenses.
Whether you are looking to expand your rental portfolio, establish a guesthouse or accommodate an extended family, this property offers the space and flexibility to suit a range of investment and lifestyle objectives.
Property Overview
- Erf size: 1,191m²
- Main house: Four bedrooms
- Five rental cottages
- Combined cottage rental income: R43,550 per month
- Monthly rates: R5,004.96
Viewings strictly by appointment. Get pre-qualified to arrange your viewing.
Situated on a 1,191 m² erf along Grace Road, Observatory, this versatile property offers an attractive combination of residential comfort and income-generating potential.
The main residence features four bedrooms, generous living and entertainment areas, a well-appointed kitchen, separate scullery, home office, wine cellar and swimming pool.
The property is complemented by five well-proportioned cottages generating R43,550 in combined monthly rental income, translating to R522,600 per annum before expenses.
Whether you are looking to expand your rental portfolio, establish a guesthouse or accommodate an extended family, this property offers the space and flexibility to suit a range of investment and lifestyle objectives.
Property Overview
- Erf size: 1,191m²
- Main house: Four bedrooms
- Five rental cottages
- Combined cottage rental income: R43,550 per month
- Monthly rates: R5,004.96
Viewings strictly by appointment. Get pre-qualified to arrange your viewing.
Monthly Rates
R5,004.96
Features
Interior
Exterior
Sizes
Additional Amenities
Listing Info
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Firzt Property Group website is accurate and up to date, Firzt Property Group 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.