Exceptional Observatory Investment Property with Multi-Use Potential
Nestled in the heart of vibrant Observatory, this one-of-a-kind property offers a rare and versatile opportunity for investors, entrepreneurs, or those seeking flexible multi-living arrangements. With three distinct units under one title, this home is perfectly set up for both residential and commercial use — or a lucrative combination of both.
Key Features
Three Self-Contained Units
Zoned for residential and commercial.
Two Secure Off-Street Parkings
Panoramic Views Over Observatory and the Mountain.
One Unit Rented.
Unit 1
Located at the front of the house, Unit 1 is currently tenanted on a long-term lease with a solid rental of R8,000/month. It includes a full en suite bathroom and a built-in kitchenette, offering stable passive income from day one.
Unit 2
Tucked away at the rear of the property, Unit 2 is a peaceful and private haven. It features a sunny courtyard, a built-in braai area, and a calm, secluded ambiance. This property is ideal for a young couple, creative, or remote professional. With its own entrance and outdoor space, it offers an excellent live-work lifestyle option and is perfect for entertaining. the open lofted ceiling, exposed brick and polished concrete floors give this unit amazing character and pizaz.
Unit 3
Accessed via an external staircase, Unit 2 boasts sweeping views over Observatory’s rooftops and surrounding mountains. This spacious and light and bright upper level offers incredible potential: run a business, create a design studio, or convert it into a stunning flatlet. The privacy and elevation make it an inspiring and productive space.
Whether you’re looking to live in one unit and rent the others, establish a home-office set-up, or fully maximise the property's income potential — this unique offering is a true gem in one of Cape Town’s most dynamic suburbs.
Contact me today for a viewing
Key Features
Three Self-Contained Units
Zoned for residential and commercial.
Two Secure Off-Street Parkings
Panoramic Views Over Observatory and the Mountain.
One Unit Rented.
Unit 1
Located at the front of the house, Unit 1 is currently tenanted on a long-term lease with a solid rental of R8,000/month. It includes a full en suite bathroom and a built-in kitchenette, offering stable passive income from day one.
Unit 2
Tucked away at the rear of the property, Unit 2 is a peaceful and private haven. It features a sunny courtyard, a built-in braai area, and a calm, secluded ambiance. This property is ideal for a young couple, creative, or remote professional. With its own entrance and outdoor space, it offers an excellent live-work lifestyle option and is perfect for entertaining. the open lofted ceiling, exposed brick and polished concrete floors give this unit amazing character and pizaz.
Unit 3
Accessed via an external staircase, Unit 2 boasts sweeping views over Observatory’s rooftops and surrounding mountains. This spacious and light and bright upper level offers incredible potential: run a business, create a design studio, or convert it into a stunning flatlet. The privacy and elevation make it an inspiring and productive space.
Whether you’re looking to live in one unit and rent the others, establish a home-office set-up, or fully maximise the property's income potential — this unique offering is a true gem in one of Cape Town’s most dynamic suburbs.
Contact me today for a viewing
Features
Interior
Exterior
Sizes
Listing Info
Finance
Total Amount Repayable
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Monthly Repayment
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Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Tyson Properties website is accurate and up to date, Tyson Properties 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.
