5 Bedroom House For Sale in Observatory

R2,700,000

Monthly Bond Repayment R29,260.09
Calculated over 20 years at 11.75% with no deposit.

Web Ref No RL985

Retro family mansion in Observatory

FANTASTIC DEVELOPMENT OPPORTUNITY...NGO, RESTAURANT, BOUTIQUE HOTEL, GUEST HOUSE..
2683 SQM Stand and original 1960's family mansion opposite the Observatory Sports Club at the top of Sylvia's Pass..... begging for a new lease on life or an opportunity for any retro aficionados. Original fittings throughout, this home is like stepping back in time.

An enclosed porch leads to the front door and into a double volume panelled entrance hall with original light fittings and a retro yellow glass and wood panelled detail.
North facing lounge and dining lead onto large covered patio overlooking the garden brimming with palms and dahlias.

Large original 60's kitchen.- looks onto a central courtyard with gym/staff accommodation and stpreroom.
TV room/second lounge and study are also north facing with triple aspect windows.

Upstairs is a bar/billiards room overlooking the rear of the garden with amazing views to the South. There is the original pool, 2 changing rooms and bathroom and bar to the side of the house which need restoration.

Upstairs there are 5 bedrooms- main en suite and 4 others that share 2 retro fitted bathrooms with original tiles and fittings- quite special. All are carpeted.
4 bedrooms face north and open up onto the large upstairs balcony. The 5th is south facing with a small private balcony and views.