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8 Polo, 71 Polo Road, Observatory, Cape Town, Western Cape
R 1 150 000
This is your chance to secure the final available apartment in the highly sought-after Polo Lock-In development in the heart of Observatory. With all other units in the block already sold and transferred, this remaining apartment presents a rare opportunity for both investors and owner-occupiers looking to enter one of Cape Town's most vibrant and well-connected suburbs. Boasting one of the largest two-bedroom layout in the development, this spacious apartment offers comfortable living with a practical open-plan design. The living and dining area provides ample space for everyday living, while large windows allow for plenty of natural light, particularly in the main bedroom, creating a bright and welcoming atmosphere throughout. The apartment comprises two well-sized bedrooms with built-in cupboards and a neatly appointed bathroom. Residents also enjoy access to secure parking within the complex on a first-come, first-served basis, as well as a municipal park for outdoor recreation. Perfectly positioned within walking distance of Groote Schuur Hospital and just minutes from the University of Cape Town, the property is ideally suited to medical professionals, students, and academics. Its central location also offers easy access to public transport, major highways, restaurants, cafe´s, and all the conveniences that make Observatory such a popular place to live. From an investment perspective, the apartment is exceptionally appealing. Observatory continues to experience strong rental demand, particularly from students and healthcare workers, making this an excellent opportunity to secure a property with solid rental returns and long-term growth potential. Whether you are looking for a centrally located home or a smart addition to your investment portfolio, this apartment offers outstanding value in a location where opportunities are becoming increasingly scarce. First come first serve parking bay situation - loads of parking space though. Contact us today to arrange a viewing and secure the last available unit in this successful development.
Estimated monthly repayment
R 10 860
on a R 1 035 000 bond over 20 years at 11.25%
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8 Polo, 71 Polo Road, Observatory, Cape Town, Western Cape
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Fair-value check
Good valuePriced 50% below comparable 2-bed apartments for sale in Observatory
Based on 49 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Refilwe Molefe
Unclaimed listing — claim it to verify
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