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Enjoy vibrant, community-focused living in Observatory, Johannesburg — multi-dwelling investment with huge communal yard, eight bedrooms and four bathrooms across 2,091 m².
Investment Property – Observatory, Johannesburg
This estate property at 17 Urania Street offers multiple dwellings, making it a lucrative investment for buy-to-let or redevelopment.Key Highlights• Multi-house setup ideal for generating rental income• Executor sale – motivated sellers Each Unit having its own Pre-Paid electricity MetersHuge communal yard for your tranquility.Each Unit having rental potential of R6000-00 pm income. Why Invest Here?Observatory is a well-established suburb with strong rental demand. With refurbishment, this property can deliver excellent returns for investors.
Contact agent to arrange an exclusive viewing appointment. Pre-Qualification a must!
Listed for sale at R1,720,000
How this home compares with 202 active listings in Johannesburg.
Insight
Priced 12% below the local median — but still inside the typical range for Johannesburg.
It's smaller than typical, which helps explain where it sits in the range. Benchmarked on town-level data where the suburb sample is limited. Premium pockets may trade above town averages — check with the agent for local guidance.
Similar properties pricing
Key differences
Premium priced · based on 92 listings
Compact at a premium · based on 92 listings
Market depth
202 listings
Similar homes town-wide
122 days
Median time on market
Many similar homes
Active across Johannesburg
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 residents a peaceful atmosphere with convenient proximity to the city's major business hubs and cultural attractions.
* Distances and amenities are approximate.
