Steps from UCT and Lower Main Road cafés, ideal for students and professionals — modern open-plan kitchen with Whirlpool hob, two bedrooms, two bathrooms, secure parking.
This beautifully renovated apartment presents an exceptional investment opportunity, ideally suited to students and young professionals. Boasting spectacular views, the property is conveniently located near major arterial routes, the University of Cape Town (UCT) and its medical campus, and directly opposite Waverley Business Park. It is also just 200 metres from the Jammie Shuttle, and within walking distance of Groote Schuur Hospital and nearby shopping centres.
The apartment offers well-proportioned, spacious interiors, including a modern open-plan kitchen fitted with a Whirlpool gas hob. It features two bedrooms, one full bathroom, and a main en-suite. Additional comforts include two air-conditioning units and a secure parking bay.
Residents benefit from a quiet, well-managed block with CCTV, ensuring peace of mind. The building is financially sound and meticulously maintained.
With a great potential rental income per month this property represents a strong investment opportunity. Observatory continues to experience significant growth, with an increasing number of upmarket developments, as well as a vibrant selection of trendy restaurants, cafés, and bars along Lower Main Road just moments away.
Pet-friendly, subject to body corporate approval.
Lyle Weilbach is a representative of Real Estate Power cc T/A REAL Realty
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R2,100,000
Price reduced by 7.2% to R1,948,000
Observatory is a vibrant, bohemian neighborhood known for its eclectic mix of Victorian architecture, thriving arts scene, and proximity to the University of Cape Town, making it a popular choice for students and young professionals.
* Distances and amenities are approximate.