5 Bedroom House For Sale in Observatory

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Description

Grand Family Home with Five Self-Contained Cottages, Rare Investment Opportunity

Set on a beautifully established property with exceptional accommodation and income-generating potential, this impressive estate offers the perfect blend of spacious family living and outstanding investment value. With a grand main residence, five self-contained cottages, extensive parking, and excellent security, this is a truly unique offering. 

The welcoming entrance hall leads into a thoughtfully designed home where generous living spaces flow effortlessly together. The heart of the home is the expansive kitchen, featuring ample cabinetry, a triple oven, space for double-door fridges, a breakfast nook, and a separate scullery with room for three appliances. 

The kitchen opens into a spacious dining room, comfortably accommodating a 10-seater dining table with additional space for serving furniture, making it ideal for entertaining. From here, step into the sun-filled north-facing formal lounge, complete with a charming wood-burning fireplace that creates a warm and inviting atmosphere. 

A second, TV lounge features a built-in bar, separate door leads to a staircase descending into a charming basement wine cellar a unique feature that adds character and offers the ideal space for storing and showcasing your wine collection, offering the perfect setting for hosting family and friends. A guest toilet is conveniently located on the ground floor. 

Upstairs, the home offers five generously proportioned bedrooms. The first two bedrooms include built-in cupboards, while the third bedroom is larger and features built-in cupboards, a dressing table, and an adjoining room that would make an ideal home office, nursery, gym, or private lounge. The luxurious main suite boasts a walk-through wardrobe and a full en-suite bathroom with a double vanity. The fifth bedroom is exceptionally spacious with north-facing windows and is currently being used as a home office could be divided into two rooms. 

The home is serviced by two-and-a-half bathrooms, including a well-appointed family bathroom with both a bath and shower. 

Outside, the established garden creates a peaceful setting around the fenced swimming pool.  

A covered entertainment area with a built-in braai perfect for year-round entertaining. 

Adding tremendous value are five fully self-contained cottages potential to generating R45000, each equipped with its own geyser and prepaid electricity and independent antennae, making them ideal for extended family accommodation, Airbnb, or generating a substantial rental income. 

Additional features include:  

  • Triple garages plus secure parking for approximately 15 additional vehicles 
  • 5 kVA inverter with four solar panels 
  • Prepaid electricity 
  • Electric fencing 
  • CCTV security cameras 
  • CAP armed response 
  • Established landscaped garden 
  • Fenced swimming pool 
  • Covered entertainment and braai area and pizza oven  
  • Ample Parking to service main house and cottages

Properties offering this combination of luxury family living, exceptional parking, and multiple income-generating cottages are exceptionally rare. Whether you're looking for a multi-generational home, guesthouse potential, or a high-yield investment, this remarkable property delivers on every level. 

MAXONE HOLDINGS (PTY) LTD trading as REMAX One (Bedfordview) operates in terms of a franchise agreement with REMAX of Southern Africa.

Andreas Efthymiou
Andreas Efthymiou
REMAX One (Bedfordview)
Candidate Property Practitioner
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MAXONE HOLDINGS (PTY) LTD trading as REMAX One (Bedfordview) operates in terms of a franchise agreement with REMAX of Southern Africa.