2 Bedroom House For Sale in Observatory

R2,875,000

1B Arnold Street

Monthly Bond Repayment R31,156.58
Calculated over 20 years at 11.75% with no deposit.

Web Ref No RLS959925

Excellent investment and development opportunity

We are excited to present this fantastic investment and development opportunity located in the heart of Observatory. The total land size is 593sqm, and there is a well-maintained 2-bedroom cottage occupying approximately 140sqm of the land.

The cottage has undergone a beautiful renovation. It features 2 double bedrooms with built-in cupboards, a bathroom with a shower, W/C, and wash basin, and an open-plan layout encompassing the living room, dining room, and kitchen. The kitchen is equipped with a built-in oven and stove, as well as plumbing for a dishwasher and washing machine. Additionally, there are stacker doors leading from the kitchen to a small courtyard at the back of the cottage.

The remaining portion of the land, a large panhandle of approximately 350sqm, presents exciting development opportunities.

Video

Floorplans

Features

Bedrooms 2
Security Yes
Bathrooms 1
Recep. Rooms 2
Floor Size 105m²
Land Size 593m²
Carports/Parkings 5
Pets Allowed Yes
Monthly Rates R685.00