Live steps from UCT, Groote Schuur and the Biscuit Mill in vibrant Woodstock — open-plan one-bedroom apartment with parquet floors, balcony overlooking city, harbour and partial mountain views.
Investment not to be missed! There were three apartments available, now only ONE still available.
This open-plan apartment features a neat kitchen, inter-linking to the spacious living area and outdoor balcony.
The ‘separate’ open plan bedroom provides a unique homely feel, with a three-door built-in cupboard. The entire apartment has beautiful parquet flooring and leads to the balcony, which offers great city, harbor and partial mountain views. The apartment offers an exclusive use off-street designated parking bay, pre-paid electricity and pre-paid water meters, and fibre. Bargain fibre deal available with the two (sold) adjacent units.
Brilliantly located, within walking distance of Groote Schuur Hospital and very close to UCT, with only a short distance to the CBD and near a variety of shopping centres, the famous Biscuit Mill, the Woodstock brewery, restaurants and other sought-after amenities, you location is excellent.
The complex is secured with an automated remote control access gate and is a prime rental investment. Potential tenants literally que for these apartments.
Whether you are starting or expanding your property portfolio, you cant go wrong with this one!
Call today to secure your viewing.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R1,090,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 16 listings in Observatory
Insight
Priced below the median for similar properties in the area. On a price-per-m² basis, it is 5% below the median. Floor size is 12% smaller than typical for similar homes.
Similar properties pricing
Affordability
R 10,700 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
16 similar listings
Medium similar-home inventory in Observatory
Median time on market: 170 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
Observatory is a vibrant and eclectic suburb known for its bohemian atmosphere, diverse community, and convenient access to the city center, making it a popular choice for students, young professionals, and artists.
* Distances and amenities are approximate.