3 Bedroom Apartment / flat for sale in Observatory
Observatory, Cape Townlocation approximate: suburb level
3 bed · 2 bath · 1 parking · 90 m² floor · 90 m² erf
Description
Exclusive Listing | Asking Price: R2,595,000 Positioned within the ever-popular The Paragon development, this spacious 90sqm apartment offers an exceptional opportunity for both owner-occupiers and investors seeking a modern, well-located property in the heart of Observatory. Combining generous proportions with contemporary finishes and excellent convenience, this apartment is perfectly suited to professionals, students, and those looking for a lock-up-and-go lifestyle. The apartment features three well-sized bedrooms and two bathrooms, including a main en-suite. The open-plan design creates a seamless flow between the kitchen, dining, and living areas, while large windows allow natural light to flood the space, enhancing the sense of openness throughout. The modern kitchen is thoughtfully designed with practicality in mind, offering ample storage and workspace... Exclusive Listing | Asking Price: R2,595,000 Positioned within the ever-popular The Paragon development, this spacious 90sqm apartment offers an exceptional opportunity for both owner-occupiers and investors seeking a modern, well-located property in the heart of Observatory. Combining generous proportions with contemporary finishes and excellent convenience, this apartment is perfectly suited to professionals, students, and those looking for a lock-up-and-go lifestyle. The apartment features three well-sized bedrooms and two bathrooms, including a main en-suite. The open-plan design creates a seamless flow between the kitchen, dining, and living areas, while large windows allow natural light to flood the space, enhancing the sense of openness throughout. The modern kitchen is thoughtfully designed with practicality in mind, offering ample storage and workspace for everyday living. Sold fully furnished, the property presents a turnkey opportunity, allowing for immediate occupation or effortless rental potential. The apartment also includes secure parking and enjoys access to The Paragon's sought-after amenities, including 24-hour security, access control, and a communal swimming pool. Adding further appeal is the apartment's proximity to the transformative Riverlands Precinct, one of Cape Town's most ambitious mixed-use developments. Riverlands has already established itself as a thriving destination, bringing together premium office space, retail offerings, restaurants, wellness facilities, landscaped public spaces, and modern residential components within a world-class urban environment. The continued growth of this precinct is enhancing the broader Observatory and Two Rivers area, driving increased demand, investment, and long-term value for surrounding properties. Ideally positioned on the doorstep of Cape Town's major transport routes, the apartment is within easy reach of the CBD, UCT, Groote Schuur Hospital, Amazon's African headquarters, and a host of popular cafe´s, restaurants, and retail destinations. With strong rental demand, modern conveniences, and a prime location, this is an outstanding opportunity to secure a versatile property in one of Observatory's most established developments. Rates: ±R1 800 Levies: ±R3 700 Size: ±90sqm Read full description + window.loader.addCallback((renderComponent) => renderComponent({"name":"ReadMore","props":"#-313801875","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 · 98%
- 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 · 97%
- Armed Response
- Nofrom the listing text · 95%
- Boomed Area
- Nofrom the listing text · 70%
- Burglar Bars
- Nofrom the listing text · 68%
- CCTV
- Nofrom the listing text · 91%
- Electric Fence
- Nofrom the listing text · 97%
- Guard 24h
- Yesfrom the listing text · 83%
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
- 93 daysfrom our price history
- Gross rental yield
- 13.4%from our price history
- Price change since listed
- 0.0%from our price history
- Price per m²
- R 28 833from our price history
- Times relisted
- 0from our price history
- Vs suburb median
- 1.07×from our price history
- Under Offer
- Yesfrom our price history
Comfort
- Air Conditioning
- Nofrom the listing text · 97%
- Double Glazing
- Nofrom the listing text · 98%
- Fireplace
- Nofrom the listing text · 98%
- 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%
- View Type
- Nonefrom the listing text · 99%
- Wind Protected
- Nofrom the listing text · 98%
Layout
- Flatlet
- Nofrom the listing text · 98%
- Furnished
- Yesfrom the listing text · 98%
- Home Office
- Nofrom the listing text · 97%
- Lift Access
- Nofrom the listing text · 94%
- Living Areas
- 2from the listing text · 80%
- Open Plan
- Yesfrom the listing text · 99%
- Penthouse
- Nofrom the listing text · 98%
- Scullery
- Nofrom the listing text · 97%
- Single Level
- Nofrom the listing text · 65%
- Staff Accommodation
- Nofrom the listing text · 97%
- Walk In Closet
- Nofrom the listing text · 97%
- Wheelchair Access
- Nofrom the listing text · 97%
Outdoor
- Balcony
- Nofrom the listing text · 96%
- Boat Caravan Parking
- Nofrom the listing text · 98%
- Borehole Irrigation
- Nofrom the listing text · 97%
- Braai Area
- Nofrom the listing text · 97%
- Covered Patio
- Nofrom the listing text · 97%
- Established Trees
- Nofrom the listing text · 96%
- Garage Type
- Nonefrom the listing text · 67%
- Garden Size
- Nonefrom the listing text
- Pet Friendly
- Nofrom the listing text · 70%
- Pool Type
- Communalfrom the listing text
Condition
- Needs Tlc
- Nofrom the listing text · 98%
Architecture
- Architecture Style
- Contemporaryfrom the listing text · 91%
- Build Era
- 2015 Plusfrom the listing text · 60%
- Double Storey
- Nofrom the listing text · 94%
- Original Features
- Nofrom the listing text · 98%
- Thatched Roof
- Nofrom the listing text · 98%
Tenure Rules
- Exclusive Use Area
- Nofrom the listing text · 82%
- Monthly levy
- R 3 700from the listing text
- No transfer duty
- Nofrom the listing text · 97%
- Retirement Scheme
- Nofrom the listing text · 98%
- Short Let Allowed
- Nofrom the listing text · 96%
- Special Levy Mentioned
- Nofrom the listing text · 94%
- 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
- Parking
- 1
- Bedrooms
- 3
- Erf Size
- 90 m²
- Kitchens
- 1
- Bathrooms
- 2
- Floor Size
- 90 m²
- Listing Date
- 23 June 2026
- Pets Allowed
- No
- Price per m²
- R 28 833
- Listing Number
- 117344610
- Rates and Taxes
- R 1 800
- Reception Rooms
- 2
- Type of Property
- Apartment / Flat