Type

Term

Price range

Beds

R 3 395 000 | 8 Bedroom House for Sale in Observatory

Cape Town, Observatory

Gallery

Photos

Erf Size: 273 m²

Versatile 8-Bedroom Dual-Dwelling Investment in Salt River

Discover this neat and secure dual-dwelling property in the vibrant heart of Salt River, Cape Town. With 8 bedrooms and 2 bathrooms spread across two semi-detached homes, this 273sqm property offers exceptional flexibility and strong income potential.

Whether you’re an investor, an extended family, or someone looking to customize a dream home, this is a rare opportunity in a high-demand area. Currently operating as a successful rental business, the property generates reliable income that comfortably covers monthly bond payments.

Property Features

Semi-Detached House 1
- 3 Bedrooms
- 1 Bathroom
- Kitchen
- Lounge
- Currently occupied by seller and family

Semi-Detached House 2
- 5 Bedrooms
- 1 Bathroom
- Kitchen
- Occupied by students and working professionals

Bonus Highlights
- Established rental business with consistent income
- Sold with tenants and furniture included (House 2)
- Modern loft conversions with stylish staircases
- Enclosed front porch with built-in firepit – perfect for winter gatherings
- Built-in braai for entertaining
- Plumbed geysers with timers
- WiFi installed
- Some bedrooms feature built-in cupboards
- Close to major universities, public transport, shopping hubs, and Cape Town CBD

The Opportunity
This property is ideal for conversion into a thriving Airbnb or multi-unit rental. With its prime location, modern upgrades, and established rental base, it offers:

- Immediate income stream
- Flexibility for investors or families
- Potential to expand into a dynamic short-term rental business

Don’t miss your chance to own a piece of Salt River’s energetic real estate landscape.