House for sale
Live or invest in vibrant Observatory with strong rental demand; multi-house estate offers four units plus four outside rooms, huge communal yard, boomed security — potential income and six garages.
8 Bedroom estate with multiple dwellings (multi - house setup).
Income potential: Each unit R6000pm rental, separate pre-paid electricity meters.
Features: Huge communal yard, boomed area, executor sale (Motivated sellers).
Location: Observatory, strong rental demand, ideal for buy to let, or redevelopment, or Airbnb.
Four Units on the property.
For a personal and private viewing, contact agent.
With 4 outside rooms.
Listed for sale at R1,719,000
Wide price range across Johannesburg
Prices vary widely across Johannesburg, so a like-for-like comparison isn't reliable for this home.
Within the typical range for Johannesburg (R1.1M–R2.1M).
Price comparison based on 21 similar-sized 5+ bed homes.
Market depth
21 listings
Similar homes town-wide
74 days
Median time on market
Medium inventory
Active across Johannesburg
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Observatory is a tranquil, leafy residential suburb in Johannesburg that offers a peaceful retreat for families and professionals while remaining conveniently close to the city's major business hubs.