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Observatory, Observatory, Cape Town, Western Cape
R 1 650 000
Great opportunity to buy in this sought-after mixed-use building. The building has 24-hour security and offers a secure off-street parking space as part of the sale. This is a beautiful, spacious studio apartment in the heart of Observatory, close to all amenities. Suitable for a professional young person or a couple starting their property experience. Prepaid electricity and water. Shower in the bathroom. Fibre available. Currently has a diligent tenant in place, who would love to continue renting the space. There is ample space to build a mezzanine floor, which a number of the other apartments have done already.
Estimated monthly repayment
R 15 581
on a R 1 485 000 bond over 20 years at 11.25%
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Observatory, Observatory, Cape Town, Western Cape
Area view — the exact address is shared on enquiry.
Fair-value check
Fairly pricedIn line with comparable 1-bed apartments for sale in Observatory
Based on 46 comparable listings
A market signal from comparable listings — not a formal valuation.
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