R950,000
R950,000
Monthly Bond Repayment R9,967.93
Calculated over 20 years at 11.25% with no deposit.
Change Assumptions
Monthly Levy
R1,100
R1,100
Monthly Rates
R350
R350
Essential investment opportunity in Observatory
Exclusive Mandate | Asking: R950 000
We are excited to offer you this ideal investment property prepped and ready for optimal rental returns or convenient city living. Whether looking for an investment, a new place to call home or a summertime lock-up-and-go, this unit appeals to all.
This studio apartment located on the 4th floor of The Factory effortlessly captures everything one needs with its contemporary design and finishes, vivacious views of the iconic Devils Peak and, Table Mountain and Devils peak, abundance of amenities and proximity to the CBD, Southern Suburbs and major highways.
The apartment has been designed with contemporary style in mind offering a spacious open plan layout & new tiled flooring. The modern kitchen has an under-counter stove and extractor fan and space for a standard sized fridge/freezer and one appliance, which is excellent use of space keeping in mind that this is a studio apartment. The unit also comes with 1 dedicated, undercover parking bay.
The perks don’t stop there as this block offers an array of additional features and amenities such as excellent security, a rooftop pool and entertainment area, laundry facilities as well as a fully equipped gym.
The block itself is conveniently located close to an assortment of Observatory’s markets, hip bars, restaurants, cafés and fashionable apparel stores for your enjoyment.
Rates: ± R350
Levies: ± R1 100
Size: ± 31 sqm
1 x Secure underground parking bay
Asking: R950 000
Features
Interior
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Garages
1
Security
Yes
Pool
Yes
Sizes
Floor Size
31m²
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.