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R 4 350 000

12 Bedroom House for Sale in Observatory

186 Frances Street, Observatory, Johannesburg

Beds 12 Bathroom 10 parking 8 Floor Size 416 m² Erf Size 2 091 m²
Prime Investment Opportunity – Multi-Income Property Generating more than R50 000 Per Month
Versatile Investment Opportunity with Exceptional Income Potential
This impeccably designed 3-bedroom, 2-bathroom home is not only a comfortable and stylish residence—it's a proven, high-yield investment property. Whether you're a growing family or a savvy investor, this property offers the perfect balance of luxury living and income generation.
The main house features a spacious lounge, a modern kitchen with quality fitted cabinetry, a separate scullery, and a fully integrated solar power system—guaranteeing uninterrupted electricity and exemption from load shedding. Currently tenanted, the main house generates R22,500 per month (excluding utilities).
Additional Income-Generating Units:

Pool House: R5,500/month (excl. utilities)
Medical Studio: R6,000/month (incl. water andamp; Read more...
Bedrooms: 12
Bathrooms: 10
Parking: 8
Pet Friendly
Pool
Garden
Fibre Internet
Listing Number
115893965
Type of Property
House
Street Address
186 Frances Street, Observatory
Description
Freestanding
Lifestyle
Suburban
List Date
23 April 2025
Erf Size
2 091 m²
Floor Area
416 m²
Pets Allowed
Yes
Bedroom
12
Bathroom
10
Kitchen
1
Domestic
1
Lounge
1
Dining Room
1
Entrance Hall
1
Parking
8
Garden
Yes
Pool
Solar
Solar Panels
Security
Security Gate,Electric fencing
Internet Access
Fibre
Wheelchair Accessible
Yes

Education

Rand Tutorial College
0.28km
Observatory Girls' Primary School
0.34km
Sacred Heart College
0.74km
Athlone Boys' High School
0.78km
Observatory East Primary School
1.01km
Yeoville Boys' Primary School
1.10km
Yeoville Community School
1.12km
Bertrams Junior School
1.19km
King Edward V11 Preparatory School
1.20km
Rand Preparatory And College
1.21km
Sha-Arei Torah Primary School
1.26km
United Church Preparatory School
1.48km
Bellevue Primary And High School
1.56km
King Edward Vii School
1.56km
Houghton Primary School
1.61km
Glen Oaks School
1.64km
Sheikh Anta Diop College
1.66km
Athlone Girls' High School
1.70km
Africa International Private School
1.72km
Q-House
1.73km
Beth Jacobs Girls' High School
1.78km
Foundation Learning Academy
1.84km
Sir Edmund Hillary Primary School
1.93km
Laerskool Kensington
2.02km
Rainbow Hill Christian School
2.12km
Linksfield Primary School
2.13km
Coghlan Primary School
2.20km
Paterson Park School
2.21km

Sports and Leisure

Houghton Golf Club
1.96km

Transport and Public Services

Orange Grove
1.85km

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Valentina Cavalieri
Jessie Labuschagne

Contact Agents

By continuing I understand and agree with Property24's Terms & Conditions and Privacy Policy.
RE/MAX One - Edenvale

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Valentina Cavalieri
Jessie Labuschagne

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