R 1 500 000 | 1 bed property for sale in observatory

Lofted Observatory Gem – Spacious, Stylish, and Tenanted! This lofted cottage in Observatory is the perfect blend of space, character, and opportunity. Tucked away near the N2 for easy access, this home offers an ideal entry point into the property market for first-time buyers or a savvy addition to any investor’s portfolio. The open, airy layout features a generous living space with charming lofted design — perfect for creative souls or anyone craving a little extra room to breathe. Parking is sorted with a designated (though not secure) bay and additional street parking available. The property is part of a body corporate and is currently tenanted until 28 February 2026 at R10,000/month — providing immediate rental income from day one. Viewing this Sunday 3 August 2025 – don’t miss out on this rare find in Obs!