Find it.Tour it.Trust it.
House1 / 26Pick how you want to view this place
Schedule an in-person walkthrough or a live video call with the host. Both go through Liivra — your phone number stays private until the host confirms.
Observatory, Observatory, Cape Town, Western Cape
R 3 295 000
Dual Income 2 Bed Main house and 1 Bed Flat Turnkey Investment Opportunity in sought after Observatory - This versatile property currently generates income from two separate tenancies: For Sale Asking Price: R3 295 000 Rental Income: R25 900 per month Approximate Gross Yield: 9.4% Main house: 2 bedrooms, 1 bathroom, private courtyard. Income R16 900 Self-contained flat: 1 bedroom, 1 bathroom, separate entrance and private courtyard. Income R 9 000 Property Features Renovated in 2023 Victorian home -Original Oregon Pine floors throughout -High ceilings and central passage -Cast-iron wood-burning fireplace in the lounge -Modern kitchen with plumbing for a dishwasher and washing machine -Multiple plug points throughout -Spacious bedrooms with built-in cupboards -Secure flat with its own entrance Location Conveniently located within walking distance of Observatory’s restaurants, cafés and amenities, with easy access to Woodstock, the MyCiTi bus route, the City Bowl, Southern Suburbs and the N2. Whether you are looking to expand your investment portfolio or secure an income-producing asset, this property offers immediate earning potential with tenants already established. Contact Lizl for financial details and viewings: by appointment for pre-qualified buyers.
Estimated monthly repayment
R 31 116
on a R 2 965 500 bond over 20 years at 11.25%
Estimate only — actual rates depend on your credit profile + bank approval. Consult a bond originator for a formal quote.
Tell me your monthly income + any deposit — I'll estimate your bond, rates & levies for this home.
Get pre-approval from one of our bond partners.
Observatory, Observatory, Cape Town, Western Cape
Fair-value check
Fairly pricedIn line with comparable 3-bed houses for sale in Observatory
Based on 32 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Busisiwe Coetzee
Unclaimed listing — claim it to verify
Use the Message agent button at the bottom of the page to start a Liivra Chat. Your number stays private.
Browse more from this agent
HouseR 2 995 000
Belhar
HouseR 3 650 000
Paarl South
HouseR 3 500 000
Paternoster
HouseR 3 395 000
Sunningdale
HouseR 2 785 000
Atlantic Waves Estate
TownhouseR 2 990 000
Hartenbos Landgoed
Flat / ApartmentR 2 899 000
Sandown
HouseR 2 500 000
Moorreesburg