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