SOLE MANDATE
Perfectly positioned in the heart of Observatory, this income-generating property offers rare flexibility, solid returns, and a highly central location close to Medical School, Groote Schuur, cafés, transport routes and Lower Main Road. With a consolidated 351 m² erf, this home suits investors, multi-generational living, or families needing generous accommodation and work-from-home space.

This character-filled residence offers a spacious 5-bedroom layout, supported by a dedicated study, a bright living area, and a well-proportioned kitchen with scullery — making the home practical, easy to lease, and consistently in demand.

Key Features
5 bedrooms
2 bathrooms (full family bathroom + ensuite)
Dedicated study
Bright and spacious living room
Kitchen with scullery

Single garage plus secure off-street parking

Courtyard/yard with private pool
Excellent position near UCT Medical School, Groote Schuur & public transport
GR2 zoning + approved historical building plans

As-Built measured house size ±142 m² on a 352 m² consolidated erf

Investment Highlights
Current rental income: R28 000 p/m
Lease secured until end January 2026 (with potential extension to end February 2026 or longer)
Reliable long-term tenant profile

Recent maintenance completed: pool pump, lighting, plumbing, extractor, locks

No VAT payable on sale or rental

A well-maintained income-producing property in one of Observatory’s most desirable pockets — with zoning and layout flexibility that supports long-term value.

Enquire today for a viewing.