1 Bedroom Apartment / flat for sale in Observatory

This well-positioned studio apartment in the popular Obs Court complex offers an ideal opportunity for students, young professionals, or couples looking for a comfortable and convenient lifestyle in the heart of Observatory. The unit enjoys beautiful views of Lion’s Head and Table Mountain, creating a light-filled and uplifting living space. Its practical layout makes it easy to live in or rent out, making it a fantastic option for both owner-occupiers and investors alike. Perfectly situated in a central location, the apartment offers easy access to UCT, major transport routes, shops, and Observatory’s vibrant cafés and restaurants, making everyday living both convenient and connected. Obs Court is a well-maintained and secure complex that offers residents a range of amenities, including a communal swimming pool, gym, braai area, and convenience store, adding to the overall lifestyle appeal. The apartment also includes a dedicated parking bay for added convenience. From an investment perspective, the property is tenanted until February 2027, generating a rental income of R9,000 per month. In addition, a storeroom is included, which is currently rented out at R600 per month, offering an additional income stream. Whether you’re looking to step onto the property ladder or expand your investment portfolio, this is an excellent opportunity not to be missed.