R2,925,000

Apartment for sale Observatory
Property photo number 1 of 11 Photos for Property. File  103682871_3058_37aee42e8fa74d73ffd807ea494942dd.avif

Overview

SUMMARY: Discover an opportunity with this Observatory apartment for sale and available for R2,925,000. This could be your next ideal home or a smart investment. More details await.
This exceptionally well-positioned and secure 2-bedroom, 2-bathroom apartment in Observatory, Cape Town, represents a prime real estate opportunity. It is perfectly suited as a strategic investment property, a low-maintenance starter home, a practical option for downscaling,
or secure lock-up-and-go accommodation.Situated within a well-maintained security complex directly on the Central Main Road, the property guarantees high tenant demand and convenience.Interior Features and LayoutThe apartment boasts a functional, open-plan design that maximizes space and natural light.The spacious open-plan kitchen flows seamlessly into the lounge and dining area. The kitchen is fitted with built-in cupboards, maintaining a clean aesthetic. Large aluminium windows throughout the unit ensure all areas are well-lit.The main bedroom is generously sized and features a stunning, beautifully tiled en-suite bathroom with a large walk-in shower. Built-in cupboards are provided in both rooms, offering efficient storage solutions. The expansive lounge area is versatile, easily accommodating a distinct living/dining space or a dedicated remote work station.Premium Complex AmenitiesResidents benefit from a high standard of communal facilities designed for modern, secure living:Rooftop Entertainment Area: A spectacular communal space featuring braai facilities, covered seating, and panoramic views.Wellness Facilities: Includes a refreshing lap-pool and a fully functional on-site gym.Security & Parking: The complex provides strong, modern security features. Each unit is allocated one covered parking bay, with additional safe and sufficient parking available for visitors.Convenience: A shared communal laundry and drying area adds practical value.Location and Investment ValueThe apartment's location is its most significant asset, driving both lifestyle convenience and robust rental income potential:UCT District: The complex is located right in the centre of the UCT student district, ensuring exceptionally high demand for student accommodation.Connectivity: It offers immediate access to major amenities, transport links including the MyCiti-Bus routes, and is in close proximity to Groote Schuur Hospital.The continuous demand for secure accommodation in this central node confirms this property's standing as an attractive and reliable buy-to-let investment.Viewings by appointment only.Registered with the PPRA
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Details

  • Beds: 2
  • Baths: 2
  • Price: R2,925,000
  • Reference No.: 933094
  • Parking Spaces: 1

Location

Marketed by:

  • DG Properties
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