0.5 Bedroom Apartment / flat for sale in Observatory

Description

This is a fantastic opportunity to own a well-positioned studio apartment in Observatory, whether you are looking for your first home, a convenient base close to work or university, or an investment property with excellent rental potential. This well-maintained 31 m2 studio apartment in the popular The Factory development offers comfortable living, excellent security, stunning views and a fantastic location. It also includes one secure undercover parking bay. The apartment is well designed and makes good use of the available space. It has a built-in desk and ample built-in cupboard space, providing plenty of practical storage. A sliding door off the living area allows plenty of natural light into the apartment. The open-plan kitchen features an electric hob and oven and is plumbed for one appliance. The separate bathroom includes a shower and toilet. Residents... This is a fantastic opportunity to own a well-positioned studio apartment in Observatory, whether you are looking for your first home, a convenient base close to work or university, or an investment property with excellent rental potential. This well-maintained 31 m2 studio apartment in the popular The Factory development offers comfortable living, excellent security, stunning views and a fantastic location. It also includes one secure undercover parking bay. The apartment is well designed and makes good use of the available space. It has a built-in desk and ample built-in cupboard space, providing plenty of practical storage. A sliding door off the living area allows plenty of natural light into the apartment. The open-plan kitchen features an electric hob and oven and is plumbed for one appliance. The separate bathroom includes a shower and toilet. Residents of The Factory have access to a range of excellent facilities, including a rooftop swimming pool, entertainment and braai area and communal gym. The development also offers 24-hour security and controlled access, providing residents with peace of mind. Ideally located in Observatory, the apartment is close to the University of Cape Town, Groote Schuur Hospital and the Cape Town central business district, as well as a great selection of cafe´s, restaurants and shops. This apartment is ideal for students or young business professionals looking for a convenient and secure home close to university, work and everything Observatory has to offer. It is also currently tenanted, making it an attractive investment opportunity for a buyer looking for rental income. Read full description + window.loader.addCallback((renderComponent) => renderComponent({"name":"ReadMore","props":"#506189705","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.

Portal facts

Pool

Yes

Bedroom

0.5

Parking

Secure Parking

Erf Size

31 m²

Bathrooms

1

Floor Size

31 m²

Floor Number

5

Listing Date

07 September 2026

Pets Allowed

No

Price per m²

R 48 387

Listing Number

117600941

Type of Property

Apartment / Flat