3 Bedroom Apartment in Observatory

Description

Presenting a compelling investment opportunity or a sophisticated urban residence in the heart of Observatory, Cape Town. This well-appointed 3-bedroom, 2-bathroom apartment is perfectly situated within a highly secure, well-maintained complex directly on Central Main Road.The property is optimally structured for diverse needs: it functions as a high-yield buy-to-let investment, an excellent starter home, a practical downscaler option, or secure lock-up-and-go accommodation. Given its central location, it is ideally suited for the consistently strong demand for UCT student accommodation, offering superior rental potential.Contemporary Living SpacesThe interior features an appealing open-plan design that maximises light and space. The modern kitchen seamlessly integrates with the generous, west-facing lounge and dining area. This expansive living space provides flexibility, easily accommodating a distinct dining zone or a large dedicated area ideal for a remote professional''s home office.The main bedroom offers significant size and features a large, beautifully tiled en-suite bathroom equipped with a sleek walk-in shower. The apartment maintains a bright atmosphere throughout, thanks to substantial aluminium windows that ensure well-lit interiors. All rooms feature practical built-in cupboards.Premium Complex Facilities & SecurityThe complex provides exceptional added value, appealing directly to modern tenants and owners:Rooftop Entertainment: A spectacular communal roof-top entertainment area with braai facilities and a covered leisure space.Fitness Amenity: A functional on-site gym area adds a significant, sought-after lifestyle benefit.Convenience: A communal laundry and drying area is provided for resident use.Parking: The unit includes a dedicated covered parking bay for a single car, supplemented by safe and sufficient visitor parking.Security: Strong, operational security features are integral to the complex''s design, ensuring a safe environment.Unrivalled Central LocalityThe complex boasts an enviable location, offering residents immediate access to essential infrastructure. It is close to all major amenities, provides direct access to MyCiti-Bus routes, and is minutes from Groote Schuur Hospital. Positioned right in the core of the UCT student district, this property is poised to capture the strong market demand for quality student housing, guaranteeing excellent capital growth and rental return.Viewings by appointment only.Registered with the PPRA

What we know about this property

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Portal facts

Levies

R 2 533

Listing date

10 Apr 2024

Property type

Apartment

Listing number

T3508671

Rates and taxes

R 1 658

Feature: Lounges

1

Feature: Bedrooms

3

Feature: Bathrooms

2

Feature: Dining areas

1

Feature: Security post

yes