R1,995,000
R1,995,000
Monthly Bond Repayment R21,275.27
Calculated over 20 years at 11.5% with no deposit.
Change Assumptions
Monthly Levy
R2,100
R2,100
Monthly Rates
R1,100
R1,100
Essential investment opportunity in Observatory
Exclusive Mandate | Asking R1 995 000
We are excited to present this premium property that is primed for optimal rental returns.
With a brand new design and feel, this expansive 2-bedroom, 2-bathroom (1 en-suite) garden apartment fluently brings together all the property essentials sought out by first time buyers or investors looking to expand the property portfolio.
All the boxes are checked with 2 spacious bedrooms (with built-in cupboards), a contemporary kitchen and lounge with adjoining courtyard/garden area, and the spacious bathrooms fitted with basins and walk-in showers. This unit is particularly unique as it has been fitted with the "premium package" and boasts top-of-the-line finishes.
The cleverly designed open plan kitchen/lounge creates a bright and vibrant living space that is further complemented by the ± 32 SQM courtyard - making this the ideal property to entertain family and friends in style. The apartment also comes with 1 secure covered parking bay right outside your door as well as the convenience of a ± 12 SQM storage unit. The apartment is wheelchair accessible and has recently been touched up.
The block itself offers the must haves including: Excellent security with biometric access controls, 24 hour manned security, CCTV cameras, fibre, gym and laundry facilities.
The apartments alluring perks are further complimented by its ideal location in Observatory with quick access to major universities like UCT and the City Bowl or Southern Suburbs via the N2.
Residents are also spoilt for choice being close in proximity to Observatory’s rich collection of markets, hip bars, restaurants and cafés.
Size: ± 93 SQM
Levies: ± R 2100
Rates: ± R 1100
1 x Secure underground parking
Asking: R 1 995 000
Features
Interior
Bedrooms
2
Bathrooms
2
Kitchens
1
Reception Rooms
2
Exterior
Garages
1
Security
Yes
Pool
Yes
Sizes
Floor Size
93m²
Observatory, Cape Town
Observatory is one of Cape Town's most Victorian-esque suburbs owing to its alternate, artistic and vintage feel to it all wrapped into one. The colourful homes, narrow streets and close proximity to cafes, restaurants and bars, make it a popular place to relocate.
Observatory is also one of Cape Town's most appealing suburbs for young families and students who are studying at the University of Cape Town,...
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Disclaimer: While every effort will be made to ensure that the information contained within the Quay 1 International Realty website is accurate and up to date, Quay 1 International Realty makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.