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Studio Apartment For Sale in Observatory

R1,100,000


Monthly Bond Repayment R11,920.78
Calculated over 20 years at 11.75% with no deposit.

Web Ref No RL7392

Views, views, views! Live. Work. Play.

Sole Mandate. Spacious lifestyle studio unit in security estate with 24-hour guarded and gated access control. The studio is north-west facing and radiates natural light.

This is an excellent investment opportunity suitable for personal use or continued rental to the current long-term tenant. The estate allows Airbnb.

Location and features:

- Open plan design with large windows and sliding doors to large 14 sqm private balcony
- The balcony is suitable for entertaining with views towards Signal Hill, rooftops, treetops, and Paarl
- Bathroom with walk-in shower, toilet, and basin
- Open-plan kitchen with ample cupboard space and dedicated areas for the washing machine and fridge/freezer
- Conveniently located unit on the third floor adjacent to the elevator
- Secure parking garage in the basement
- 24-hour security estate, gated access, and mixed-use lifestyle development

A generator ensures lighting for passages, stairways, and outside areas during load shedding. The estate is a short walk to shops, restaurants, destination vintage stores, and all transport options and amenities.

The studio is conveniently close to UCT Medical School, Cape Peninsula University of Technology, and the N2 freeway leading to Cape Town City Centre and Southern Suburbs. A quick drive to Cape Town International Airport.

View by appointment only.

Features

Security Yes
Bathrooms 1
Recep. Rooms 1
Floor Size 60m²
Garages 1
Carports/Parkings 1
Monthly Rates R300.00
Monthly Levy R1,533.00

Agent Contact Details

Louise Strauss
Southern Suburbs

Cell 083 256 0973
Office (021) 671 9120

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