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Observatory, Observatory, Cape Town, Western Cape
R 2 925 000
This exceptionally well-positioned and secure 2-bedroom, 2-bathroom apartment in Observatory, Cape Town, represents a prime real estate opportunity. It is perfectly suited as a strategic investment property, a low-maintenance starter home, a practical option for downscaling, or secure lock-up-and-go accommodation. Situated within a well-maintained security complex directly on the Central Main Road, the property guarantees high tenant demand and convenience. Interior Features and Layout The apartment boasts a functional, open-plan design that maximizes space and natural light. The spacious open-plan kitchen flows seamlessly into the lounge and dining area. The kitchen is fitted with built-in cupboards, maintaining a clean aesthetic. Large aluminium windows throughout the unit ensure all areas are well-lit. The main bedroom is generously sized and features a stunning, beautifully tiled en-suite bathroom with a large walk-in shower. Built-in cupboards are provided in both rooms, offering efficient storage solutions. The expansive lounge area is versatile, easily accommodating a distinct living/dining space or a dedicated remote work station. Premium Complex Amenities Residents benefit from a high standard of communal facilities designed for modern, secure living: Rooftop Entertainment Area: A spectacular communal space featuring braai facilities, covered seating, and panoramic views. Wellness Facilities: Includes a refreshing lap-pool and a fully functional on-site gym. Security & Parking: The complex provides strong, modern security features. Each unit is allocated one covered parking bay, with additional safe and sufficient parking available for visitors. Convenience: A shared communal laundry and drying area adds practical value. Location and Investment Value The apartment's location is its most significant asset, driving both lifestyle convenience and robust rental income potential: UCT District: The complex is located right in the centre of the UCT student district, ensuring exceptionally high demand for student accommodation. Connectivity: It offers immediate access to major amenities, transport links including the MyCiti-Bus routes, and is in close proximity to Groote Schuur Hospital. The continuous demand for secure accommodation in this central node confirms this property's standing as an attractive and reliable buy-to-let investment. Viewings by appointment only. Registered with the PPRA
Estimated monthly repayment
R 27 622
on a R 2 632 500 bond over 20 years at 11.25%
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Fair-value check
Fairly pricedIn line with comparable 2-bed apartments for sale in Observatory
Based on 27 comparable listings
A market signal from comparable listings — not a formal valuation.
Observatory, Observatory, Cape Town, Western Cape
Area view — the exact address is shared on enquiry.
Listed by
Dylan Jacobs
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