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Observatory, Observatory, Cape Town, Western Cape
R 1 950 000
Don’t miss out on this fantastic 2-bedroom apartment, which includes one parking bay and a storeroom in the secure underground basement, and is VAT inclusive, meaning no transfer duty payable. Currently tenanted at R12,234 per month until 31 July 2026, with a three-month cancellation clause, making this a great investment opportunity. This neat apartment offers two bedrooms with built-in cupboards, a main bathroom fitted with a shower, basin, and toilet, and a lovely open-plan kitchen and lounge that leads through glass sliding doors onto the balcony. The kitchen is cleverly designed across two areas, keeping the washing machine and sink separate from the main kitchen space — ideal for maintaining a neat and tidy living area. Obs Court is a highly sought-after block, offering excellent amenities including a private gym, rooftop pool, gas braai facilities, and a convenience store on the first floor. Security is top-class, featuring facial recognition access, a security office at the entrance with 24-hour guards, three levels of underground parking, and ample visitor bays. With close proximity to Observatory’s entertainment and shops, the new Riverlands Mall, and a central location ideal for students and professionals alike, this is an opportunity not to be missed. Photos may differ from the current furniture and condition due to a change in tenancy.
Estimated monthly repayment
R 18 414
on a R 1 755 000 bond over 20 years at 11.25%
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Observatory, Observatory, Cape Town, Western Cape
Area view — the exact address is shared on enquiry.
Fair-value check
Good valuePriced 22% 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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