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24 Lytton Street, Observatory, Cape Town, Western Cape
R 1 350 000
This stylish and modern 42 sqm apartment has been thoughtfully optimized for comfortable, low-maintenance living. The open-plan living area flows effortlessly out to a private balcony. The apartment offers manageable monthly costs and an established, high-quality tenant already in place, allowing a straightforward and practical addition to an investment portfolio. Key Features and investment highlights: - Sold fully furnished, offering incredible convenience for both the buyer and future tenants. - Recently renovated, featuring freshly polished floors and a newly painted interior. - 2 bedrooms (A rare layout for the Shonsay complex, maximizing rental appeal). - Current Tenancy: Secured lease in place until January 2027. - Tenant Profile: History of reliable, professional tenants (predominantly specializing medical doctors). Whether you are looking to expand your portfolio or secure a high-demand property in one of Cape Town's most vibrant and student friendly suburbs, this unit is a brilliant acquisition. Investors, consider this fully furnished 2-bedroom apartment in the Shonsay complex, Observatory. Well-positioned for medical professionals due to its proximity to Groote Schuur Hospital, the property is currently tenanted until January 2027. It has a consistent history of reliable occupancy, with leases frequently passed directly between specializing doctors.
Estimated monthly repayment
R 12 748
on a R 1 215 000 bond over 20 years at 11.25%
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24 Lytton Street, Observatory, Cape Town, Western Cape
Area view — the exact address is shared on enquiry.
Fair-value check
Good valuePriced 46% below comparable 2-bed apartments for sale in Observatory
Based on 27 comparable listings
A market signal from comparable listings — not a formal valuation.
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Island View