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17 Willow Road, Observatory, Cape Town, Western Cape
R 1 695 000
Exclusive Sole Mandate | Top Floor Apartment Pre-Approval Required for Viewings (We offer a quick and convenient in-house pre-approval service.) An exceptional opportunity for investors and first-time buyers alike. This beautifully renovated top-floor apartment in the sought-after Leeuwenhof complex offers modern finishes, timeless character, and immediate rental income potential. Upon entering, you are welcomed into a stylish open-plan kitchen featuring ample built-in cabinetry, a central island with seating for two to three people, a built-in hob, oven and extractor fan, a double sink, and plumbing for one appliance. The kitchen flows seamlessly into a bright and inviting living area. The apartment's beautifully maintained parquet flooring adds warmth and character throughout, perfectly complementing the modern renovations. One of the standout features of Leeuwenhof is its exclusivity. With only 12 apartments in the block, residents enjoy a quieter, more private living environment, while apartments in this well-maintained building seldom come onto the market. A significant value-add to this apartment is that all original windows have already been replaced with modern aluminum windows, offering improved aesthetics, enhanced durability, and low-maintenance living. The spacious main bedroom boasts floor-to-ceiling built-in cupboards and parquet flooring. The second bedroom, currently configured as a nursery, also offers generous built-in cupboards and parquet flooring. The contemporary bathroom is fitted with a bath, separate freestanding shower, basin, and toilet. A sunny private balcony provides the perfect space to relax and unwind, while a dedicated parking bay adds convenience and security. Apartments in this well-maintained building rarely become available, making this a unique opportunity not to be missed. Property Features: 2 Spacious Bedrooms 1 Modern Bathroom 69 m2 Renovated Open-Plan Kitchen and Living Area Sunny Private Balcony 1 Dedicated Parking Bay Top Floor Position / 2nd Floor / Staircase All Windows Replaced with Low-Maintenance Aluminum Frames Prepaid Electricity Excellent Investment Opportunity Pet Friendly (Cat/s only, are permitted upon application and approval by the Body Corporate Trustees) Investment Opportunity: The property is currently tenanted at R14 500 per month, providing immediate rental income. The existing lease expires on 30 November 2026, making this an attractive option for investors seeking a turnkey investment. Monthly Costs: Levies: R 2 284.00 PM Currently Property Rates: R445.00 PM Approximately Electricity HU Service & Wires Charge: R390.87 PM Approximately Improvement District Recovery & City Wide Clearing: R155.25 PM Approximately Viewings are strictly by appointment for pre-approved buyers. The agent/agency reserves the right to request proof of funding or pre-qualification prior to confirming a viewing. Errors and omissions excepted.
Estimated monthly repayment
R 16 006
on a R 1 525 500 bond over 20 years at 11.25%
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17 Willow 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 26% 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
Lindiwe Zuma
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