2 Bedroom Apartment / flat for sale in Observatory

Observatory, Cape Townlocation approximate: suburb level

2 bed · 2 bath · 1 parking · 56 m² floor

Description

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 Layout The 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... 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 Layout The 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 Amenities Residents 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 Value The 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 Read full description + window.loader.addCallback((renderComponent) => renderComponent({"name":"ReadMore","props":"#-2026284406","type":"c"}));

What we know about this property

Each attribute shows where it came from and how sure we are. Model-derived attributes arrive as enrichment runs.

Resilience

Backup Power Level
Nonefrom the listing text
Battery Backup
Nofrom the listing text · 98%
Borehole
Nofrom the listing text · 98%
Gas Hob
Nofrom the listing text · 97%
Generator
Nofrom the listing text · 98%
Grey Water
Nofrom the listing text · 98%
Heat Pump
Nofrom the listing text · 98%
Inverter
Nofrom the listing text · 98%
Solar Geyser
Nofrom the listing text · 98%
Solar panels
Nofrom the listing text · 98%
Water Tank
Nofrom the listing text · 98%

Security

Alarm Beams
Nofrom the listing text · 96%
Armed Response
Nofrom the listing text · 95%
Boomed Area
Nofrom the listing text · 89%
Burglar Bars
Nofrom the listing text · 72%
CCTV
Nofrom the listing text · 94%
Electric Fence
Nofrom the listing text · 96%
Guard 24h
Nofrom the listing text · 92%
Security Estate
Yesfrom the listing text · 82%

Location

Exposed to coastal wind
Nofrom open data · 60%
Estimated commute to CBD
11 minfrom open data · 60%
Crime trend
Stablefrom open data · 60%
Distance to the sea
3.2 kmfrom open data · 60%
Load-shedding block
15from open data · 60%
SAPS precinct risk
Highfrom open data · 60%

Market

Days on market
1780 daysfrom our price history
Gross rental yield
7.4%from our price history
Price change since listed
0.0%from our price history
Price per m²
R 52 232from our price history
Times relisted
0from our price history
Vs suburb median
1.21×from our price history
Under Offer
Nofrom our price history

Comfort

Air Conditioning
Nofrom the listing text · 97%
Double Glazing
Nofrom the listing text · 97%
Fireplace
Nofrom the listing text · 97%
High Ceilings
Nofrom the listing text · 97%
Natural Light
Brightfrom the listing text
North Facing
Nofrom the listing text · 98%
Quiet Street
Nofrom the listing text · 98%
Underfloor Heating
Nofrom the listing text · 98%
Wind Protected
Nofrom the listing text · 98%

Layout

Flatlet
Nofrom the listing text · 98%
Furnished
Nofrom the listing text · 95%
Lift Access
Nofrom the listing text · 92%
Open Plan
Yesfrom the listing text · 98%
Penthouse
Nofrom the listing text · 93%
Scullery
Nofrom the listing text · 77%
Staff Accommodation
Nofrom the listing text · 97%
Walk In Closet
Nofrom the listing text · 89%
Wheelchair Access
Nofrom the listing text · 98%

Outdoor

Balcony
Nofrom the listing text · 93%
Boat Caravan Parking
Nofrom the listing text · 98%
Borehole Irrigation
Nofrom the listing text · 98%
Braai Area
Yesfrom the listing text · 71%
Covered Patio
Nofrom the listing text · 86%
Established Trees
Nofrom the listing text · 98%
Garden Size
Nonefrom the listing text
Pet Friendly
Nofrom the listing text · 60%
Pool Type
Communalfrom the listing text · 97%

Condition

Needs Tlc
Nofrom the listing text · 98%

Architecture

Double Storey
Nofrom the listing text · 77%
Original Features
Nofrom the listing text · 98%
Thatched Roof
Nofrom the listing text · 99%

Tenure Rules

Exclusive Use Area
Nofrom the listing text · 66%
No transfer duty
Nofrom the listing text · 98%
Retirement Scheme
Nofrom the listing text · 98%
Short Let Allowed
Nofrom the listing text · 96%
Special Levy Mentioned
Nofrom the listing text · 96%
Tenure
Sectional Titlefrom the listing text · 87%
Utilities Included
Nofrom the listing text · 98%

Connectivity

Fibre
Nofrom the listing text · 98%

Commercial

Auction
Nofrom the listing text · 98%
Bank Assisted
Nofrom the listing text · 98%
Off Plan
Nofrom the listing text · 98%
Owner Relocating
Nofrom the listing text · 98%
Price Reduced
Nofrom our price history
Priced To Sell
Nofrom the listing text · 98%

Portal facts

Pool
Yes
Levies
R 1 450
Parking
1
Bedrooms
2
Kitchens
1
Bathrooms
2
Floor Size
56 m²
Listing Date
09 November 2021
Pets Allowed
No
Price per m²
R 52 232
Listing Number
110643604
Rates and Taxes
R 812
Reception Rooms
2
Type of Property
Apartment / Flat