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