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