R1,595,000
R1,595,000
Monthly Bond Repayment R17,009.55
Calculated over 20 years at 11.5% with no deposit.
Change Assumptions
Monthly Levy
R1,800
R1,800
Monthly Rates
R750
R750
Value for Money in Central Observatory
Exclusive Mandate | Offers from R1 595 000
Up and coming Observatory offers ample opportunity to an array of eager property enthusiasts – and this apartment is no different. From first time buyers looking to get into the property market, to the savvy investor looking to expand and diversify the portfolio – this property appeals to all.
Located in the sought-after Paragon building, this 2-bed, 1-bath, 2nd-floor apartment boasts modern finishes, a host of sought after amenities as well as 2 dedicated parking bays. This unique unit is geared towards being an ideal investment with a stable long-term tenant paying a premium already in place.
The apartment has been stylishly designed and keeps space in mind with an open plan kitchen which features engineered stone tops, a built-in hob & under counter oven and also has the unique benefit of being plumbed for two appliances. The living & dining areas open up to a private balcony with gorgeous views of the bay, both bedrooms offer ample built-in cupboards as well as vivacious views and the bathroom comes fully fitted.
The block itself exudes pristine city living with everything one might need being readily available to you such as 24-hour security, biometric access, a gym, a rooftop terrace/pool area, gas braai facilities as well as a generous entertainment area, all with views of the mountain.
The centrality of this unit cannot be emphasized enough with it being within walking distance of the UCT med-campus, Groote Schuur Hospital and an array of stores, coffee shops and restaurants. With just a brief Uber ride, one can find themselves in the heart of Cape Town with its rich collection of shopping markets, hip bars, cafés and fashionable apparel stores for your enjoyment or frequent some of the trendy markets Observatory, Salt River and Woodstock have to offer.
Size: ± 62 SQM
Levies: ± R 1800
Rates: ± R 750
2 x Secure underground parking
Offers from - R1 595 000
Features
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
4
Security
Yes
Pool
Yes
Sizes
Floor Size
60m²
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.