R 2 590 000 | house property for sale in observatory

Property Description

This charming mixed use property is located in the up and coming suburb of Observatory and offers a versatile product for any buyer. The property is ideally located in Observatory which has seen a massive increase in investment over the last 24 months with students and small businesses making themselves at home. This specific node is also set to see huge improvement with the new Amazon development opening its doors in the coming months. Overall the node sees demand both residentially and commercial and luckily this property offers both. The property itself is split into 3 main rooms. 1 Room is street facing with a retail type facade and thus could be used as retail. The other two rooms are ideal for either residential usage or can be used as offices. The house also benefits from the large lavatory and substantial kitchen space that opens up on to the rear courtyard. The building also has an exclusive side walkway access which adds to the versatility of the priority as it could hold two separate tenants if desired. Overall this property does allow for options for a prospective buyer. It is however ideally suited for a work and live environment where a small retail presence on to the Lower Main Road would be beneficial. Contact me to discuss or view this great property


Property Details

Purchase Price R 2 590 000

Building Size163 m2

Price Per SQMR 15889 m2

Type of PropertyHouse

ZoningCommercial

Land Size163 m2

Last Updated15 Mar 2024

Property Location

Similar Property in nearby suburbs

Agent

Kurt Dreyer

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