Sole Mandate

2 Bedroom apartment for sale in Observatory, Cape Town

R2,150,000
  1. 2
  2. 1
  3. Web Ref: 1302253
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Property Features

ERF Size 60 m²
Rates R1,200 per month
Building Size 60m²
Sectional Title Levies R2,842

Interior Features

2 Bedrooms
1 Dining Room
Security
Gym
1 Bathroom
1 Lounge
Kitchen
Laundry Room

Exterior Features

1 Parking Space
Balcony
Views

Fully furnished two bedroom apartment

*NO TRANSFER DUTY*

Calling all investors.

This fully furnished, two bedroom, one bathroom apartment offers excellent potential for return. It is situated in The Paragon, a secure building conveniently located opposite Groote Schuur Hospital and the UCT medical campus and directly on the UCT Shuttle route.

Residents of The Paragon benefit from outstanding security features, including 24-hour manned security, biometric access, security booms and basement parking. The building also boasts a wonderful rooftop pool and communal area.

Currently, the property is leased until November 2025, generating a rental income of R18,500 per month. Notably, this sale incurs no transfer duty, further enhancing its investment appeal.

Contact me for further information or to schedule a viewing.

Contact the agent

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Candice Viljoen
Non-Principal Property Practitioner
Registered with the PPRA
Sarah Jay Kinnear
Non-Principal Property Practitioner
Registered with the PPRA

Franchisee of Rawson Residential Franchises (Pty) Ltd | Registered with the PPRA

Shop 1 The Beaumont, Brooke Street, Claremont

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