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MyProperty Africa
MyProperty Africa
R 3,520,000
South AfricaWestern Cape›Cape Town›Observatory›ORL43021
Secure entrance to The Paragon apartment complex featuring a gated access point, intercom system, and perimeter electric fencing.
A bright living room featuring tiled flooring and a sliding glass door leading to a balcony with expansive city views.
Modern kitchen featuring white gloss cabinetry, subway tile backsplash, stone countertops, and neutral tiled flooring in an open-plan layout.
Secure entrance to The Paragon apartment complex featuring a gated access point, intercom system, and perimeter electric fencing.
A bright living room featuring tiled flooring and a sliding glass door leading to a balcony with expansive city views.
Modern kitchen featuring white gloss cabinetry, subway tile backsplash, stone countertops, and neutral tiled flooring in an open-plan layout.
A well-lit bedroom featuring neutral walls, laminate flooring, and recessed ceiling lighting, providing a clean and functional living space.
A functional bathroom featuring a wall-mounted vanity, basin, toilet, and a glass-enclosed shower with neutral wall and floor tiling.
View Area Map

Apartment for sale

Observatory, Cape Town
2 Beds
1 Baths
1 Covered Parking
66m² Land
1 Living Areas
Pool

2 Bedroom Apartment for Sale in The Paragon, Observatory

Live amid Observatory's café culture and easy access to UCT and Groote Schuur, in a light open-plan apartment with rooftop pool and panoramic mountain/city views, two beds, one bath.

Perfectly positioned in the heart of Observatory, this well-designed 2-bedroom, 1-bathroom apartment offers modern living in a secure, well-managed development. Whether you're looking for a place to call home or a smart investment, this apartment is an excellent opportunity in one of Cape Town's most vibrant suburbs.

The apartment boasts a functional open-plan layout, where the kitchen flows effortlessly into the living area, creating a light and inviting space. Large windows allow plenty of natural light to fill the apartment, while both bedrooms are comfortably sized with built-in cupboards. The bathroom is modern, neat, and designed for everyday convenience.

The Paragon is renowned for its exceptional lifestyle offering, giving residents access to a rooftop entertainment area with a swimming pool and panoramic mountain and city views, a fully equipped gym, 24-hour manned security, biometric access control, and secure undercover parking.

Situated just minutes from the UCT Medical Campus, Groote Schuur Hospital, and the University of Cape Town, the location is highly sought after by professionals, students, and investors alike. Observatory's popular cafés, restaurants, boutiques, and public transport links are all within easy reach, making everyday living both convenient and enjoyable.

Property Features:

2 Bedrooms with built-in cupboards

1 Modern bathroom

Open-plan kitchen and living area

Contemporary finishes throughout

Secure undercover parking

24-hour security with controlled access

Rooftop swimming pool and entertainment deck

Residents' gym

Fibre-ready building

Prime location close to UCT, Groote Schuur Hospital, transport routes, and local amenities

This is a fantastic opportunity to secure a quality apartment in one of Observatory's most desirable developments. Contact us today to arrange a viewing.

Ownership costs

Home Loan Repayment
R 32,162
TotalR 32,162
Could you qualify for a lower home loan rate?

Property history

Listed for sale at R3,520,000

17 Jul 2026

Smart property insights

Limited · based on 11 2-bed listings, size not compared

How does this home’s price compare with similar properties?

This homeR 3,520,000R3.5M26% above medianAbove typical range
R 2,260,000R2.3MLower typical
R 2,800,000R2.8MMedian
R 2,958,000R3MUpper typical

Insight

Priced 26% above the local median - and above the typical range in Observatory.

Compared with 11 2-bed homes (12 listings) in Observatory.

Buyers should compare condition, position, views, finishes and floor size before deciding.

MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.

Find similar nearby propertiesSame style and feel, in this price range
Bonke Mayiya

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Bonke Mayiya

Property Practitioner

Only Realty Western Cape

Only Realty Western Cape

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Useful links+-
  • Property to rent in Observatory
  • Estate agents in Observatory

More properties like this

  • Apartments for sale in Observatory
  • Property for sale in Observatory
  • Apartments for sale in Cape Town
  • Property for sale in Cape Town

Nearby apartments

  • Apartments for sale in Mowbray
  • Apartments for sale in Paarden Eiland
  • Apartments for sale in Woodstock
  • Apartments for sale in Rondebosch
  • Apartments for sale in Brooklyn
  • Apartments for sale in Foreshore

Useful links

  • Property to rent in Observatory
  • Estate agents in Observatory

Area overview

Observatory is a vibrant, bohemian neighborhood known for its eclectic mix of Victorian architecture, lively student culture, and a thriving community of artists and young professionals.

Shopping

  • •
    Observatory Spar(0.5 km) · Grocery Store
  • •
    Access Park(3.5 km) · Outlet Shopping Center

Education

  • •
    University of Cape Town Medical Campus(1.0 km) · University
  • •
    Observatory Junior School(0.8 km) · Primary School

Transport

  • •
    Observatory Railway Station(0.4 km) · Train Station
  • •
    N2 Highway(1.2 km) · Highway Access

Parks & Recreation

  • •
    Observatory Park(0.6 km) · Park
  • •
    Liesbeek River Trail(0.5 km) · Nature Trail

Healthcare

  • •
    Groote Schuur Hospital(2.5 km) · Hospital
  • •
    Obs Medical Centre(0.3 km) · Medical Center

Dining & Entertainment

  • •
    Lower Main Road(0.2 km) · Restaurant Hub
  • •
    The Armchair Theatre(0.3 km) · Entertainment Venue
View Observatory Market Insights & Stats→

* Distances and amenities are approximate.