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R1,850,000

5 bedroom house for sale in Observatory

5 Beds
3 Baths
2,270m²
Income Generating Property In The Heart Of Observatory

Massive property on a stand of 2270 square meters which has been changed from residential 1 to residential 3 to allow more development.

This property offers 5 bedrooms, 3 bathrooms, lounge/ dining area, very spacious kitchen, 1 full self contained cottage, 2 very spacious rooms with a full bathroom, parking for more than 15 cars and a huge empty stand which can fit 10 or more units.

It is currently fully tenanted for 25,000 rands monthly. Very suitable for an investor with a dream to develop.

Real value for money.

Property Type
House
Bedrooms
5
Bathrooms
3
Stand Size
2,270m²
Living Area
1
Covered Parking
15
Reference
OYR3223
Property history
Listed for sale at R1,950,000
25 Jul 2024
Price reduced by 1% to R1,930,000
19 Sep 2024
Price reduced by 4.1% to R1,850,000
01 Nov 2024
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