Observatory
R2,150,000 Web Ref 1302253
PROPERTY FEATURES
2 Bedrooms | 1 Bathroom | 1 Dining Room | 1 Lounge | Security | Kitchen | Gym | Laundry Room | 1 Parking Space | Views | Balcony
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.

ERF Size 60 m²
Building Size 60m²
Rates R1,200 per month
Sectional Title Levies R2,842
Candice Viljoen candice.viljoen@rawson.co.za
Candice Viljoen
c. 073 815 4800