Live In, Rent Out, or Both!
Web Ref.
TPR22734
Land size
2091.00 m²
🏡 Versatile Investment Property – Live In, Rent Out, or Both!
This unique property offers incredible flexibility—perfect whether you’re looking for a family home, rental income, or a combination of both. Situated in the popular area of Observatory, it’s a prime opportunity for smart investors or homeowners.
🏠 Main Residence:
- Spacious 4-bedroom, 3-bathroom home
- Open-plan living and lounge areas
- Stylish, fully fitted modern kitchen + separate scullery
- Equipped with a solar power system—no interruptions during load shedding
- Ideal for families who value comfort and space
🌳 Outdoor Space & Extra Units:
- Expansive yard with 5 additional rental units
- 4 covered parking bays + plenty of space for more vehicles
🏘️ Rental Units Breakdown:
1. Unit 1 – 3 Bed, 2 Bath (Airbnb)
- Includes lounge, dining area, full kitchen, and private patio
- Fully furnished and generating income via Airbnb
2. Unit 2 – 1-Bedroom Loft (Airbnb)
- Split-level with bedroom upstairs, living area and kitchen downstairs
- Also fully furnished and actively rented on Airbnb
3. Unit 3 – 1-Bedroom Cottage (Airbnb)
- Detached cottage with full kitchen, spacious lounge, and bathroom
- Offers great guest privacy and comfort
4. Unit 4 – Bachelor Flat
- Compact unit with kitchen, bathroom, and living area
- Perfect for singles or couples
5. Unit 5 – 1-Bedroom Cottage (Long-Term Rental)
- Currently leased as a **doctor’s consultation space**
- Brings in **R6,000/month** (potential to earn up to **R8,000/month**)
📍 Excellent Location:
- Conveniently close to:
- Melrose Arch – 10 minutes
- Eastgate Shopping Centre – 10 minutes
- Surrounded by good schools and shopping options
🌟 Why It Stands Out:
- Live in one unit while renting out the rest
- Generate multiple streams of rental income
- Includes a private swimming pool
- Rare blend of personal comfort and financial potential
This unique property offers incredible flexibility—perfect whether you’re looking for a family home, rental income, or a combination of both. Situated in the popular area of Observatory, it’s a prime opportunity for smart investors or homeowners.
🏠 Main Residence:
- Spacious 4-bedroom, 3-bathroom home
- Open-plan living and lounge areas
- Stylish, fully fitted modern kitchen + separate scullery
- Equipped with a solar power system—no interruptions during load shedding
- Ideal for families who value comfort and space
🌳 Outdoor Space & Extra Units:
- Expansive yard with 5 additional rental units
- 4 covered parking bays + plenty of space for more vehicles
🏘️ Rental Units Breakdown:
1. Unit 1 – 3 Bed, 2 Bath (Airbnb)
- Includes lounge, dining area, full kitchen, and private patio
- Fully furnished and generating income via Airbnb
2. Unit 2 – 1-Bedroom Loft (Airbnb)
- Split-level with bedroom upstairs, living area and kitchen downstairs
- Also fully furnished and actively rented on Airbnb
3. Unit 3 – 1-Bedroom Cottage (Airbnb)
- Detached cottage with full kitchen, spacious lounge, and bathroom
- Offers great guest privacy and comfort
4. Unit 4 – Bachelor Flat
- Compact unit with kitchen, bathroom, and living area
- Perfect for singles or couples
5. Unit 5 – 1-Bedroom Cottage (Long-Term Rental)
- Currently leased as a **doctor’s consultation space**
- Brings in **R6,000/month** (potential to earn up to **R8,000/month**)
📍 Excellent Location:
- Conveniently close to:
- Melrose Arch – 10 minutes
- Eastgate Shopping Centre – 10 minutes
- Surrounded by good schools and shopping options
🌟 Why It Stands Out:
- Live in one unit while renting out the rest
- Generate multiple streams of rental income
- Includes a private swimming pool
- Rare blend of personal comfort and financial potential
Monthly Rates
R1,300
Features
Interior
Exterior
Sizes
Listing Info
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
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Offers from
R3,500,000
Offers for this listing must be made in R50,000
increments. More info
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.
