Property description
This rare property opportunity offers six distinct rental units, making it an ideal investment for short-term letting, Airbnb conversion, or long-term leases. With the option to reside in the beautifully maintained main house while generating income from the rest, this property is both a lifestyle upgrade and a business opportunity.
The main house stands as the elegant heart of the property, featuring timeless architecture and refined finishes. It offers large, light-filled living areas perfect for family life and entertaining, alongside modern bathrooms and a fully equipped chef’s kitchen with a hidden scullery.
Outside, lush landscaped gardens, a large sparkling pool, and a covered entertainment patio create a serene and luxurious atmosphere.
This is an unmissable opportunity for both seasoned investors and lifestyle buyers seeking flexibility, passive income, and charm in one incredible property.
Main House:
4 Spacious Bedrooms
2.5 Elegant Bathrooms
Chef’s Kitchen + Scullery
TV Lounge with Built-in Fireplace
Pyjama Lounge & Dining Room
High Ceilings & Covered Patio
Potential rental income: R20,000.00 (water and lights excluded)
Additional Dwellings:
House 2:
3 Bedrooms | 2 Bathrooms
Kitchen | Lounge | High-tech finishes
Own road access | Private Garden
2x Carports | Domestic Quarters
Current rental: R11,000.00 (gas, water and lights excluded)
Back Cottage
1 Bedroom | 1 Bathroom | Lounge
Compact Kitchen | Private Patio
Current rental: R8,250.00 (gas and lights excluded)
Medical Practice / Large Cottage
1 Bedroom | 1 Bathroom | Lounge
Kitchenette
Current rental: R5,000.00 (all included)
Pool house (loft)
1 Bedroom | 1 Bathroom | Lounge
Kitchenette | Private Courtyard
Potential rental: R8,000.00 (listed on Airbnb and other platforms)
Hideout Studio:
Open plan Living/Sleeping Area
1 Bathroom | Kitchenette
Current rental: R4,800.00 (gas excluded)
Property Features:
High-end fixtures & finishes throughout
Solar power – powers all essentials during load-shedding
300lt Solar Geyser to feed the main house and medical practice
Generator fittings
Gas geysers (except main house)
Borehole (Certified) & fishpond
Zen Garden
Large, covered entertainment area
Sparkling pool
Manicured gardens
4x Covered carports + 3 additional bays
Up to 10 parking spaces in total.
Modern tech integrations across property
Estimated Rental Yield: R57 050.00 with potential for further growth
On Show Details
186 Frances Street, Observatory
Sat Aug 02 2025
10:00 am
11:00 am
- Pool
- Flatlet
- Freehold
- Security Features
- Pets Allowed
