3 Bedroom apartment sold in Observatory, Cape Town

UCT Med School l Hospital Investment Opportunity

This luxury three-bedroom apartment, with main en-suite plus additional bathroom, offers contemporary open-plan living with a neutral pallet of fixtures and is ideally located on the Main Road in trendy Observatory and is superbly positioned for med school students and currently is fully tenanted.

A Juliet balcony overlooks the hustle and bustle of Observatory’s streets below, while the communal areas make entertaining a breeze – a modern rooftop splash pool and an undercover deck showcase the panoramic views of the City and Devils Peak!

The communal areas are complete with laundry and braai facilities, as well as a common entertainment lounge.

An on-site gym with hi-tech exercise equipment completes the experience of living in style at The Paragon.

This apartment offers state-of-the-art technology with 24-hour security, CCTV monitoring and biometric access. Security has been given high priority and includes round-the-clock guards monitoring CCTV surveillance.

Entry to the building is controlled by biometric fingerprint recognition and the site is encircled with electrical fencing.

Covered and secure parking bay.

Heat pump water system.

Prepaid electricity.

A mere 200 meters from the UCT Medical Campus, 600m from Observatory Station and 2km's from UCT's Upper Campus accessible via the Jammie Shuttle Station, which is 300 meters away, The Paragon is perfectly positioned for true convenience!

Asking Price: R2 700 000 plus VAT