R2,395,000
R2,395,000
2 Bedroom Apartment For Sale in Observatory
2
Bedrooms
1
Bathrooms
1
Parkings
Sole Mandate
Ref. RLS998372
Floor 60.00 m²
Monthly Repayment
R23,510.35
George Clelland
George Clelland Property Practitioner Seeff Woodstock PPRA Registered | FFC 2023743251
Monthly Levy R2,500
Monthly Rates R1,200
Total R3,700

Prime investment opportunity in The Paragon

Web Ref. RLS998372
Tenant in place till January 2027 and rental income of R17 600.00 pm.

Positioned in the highly sought-after The Paragon, this modern two-bedroom, one-bathroom apartment presents an excellent opportunity for investors seeking strong value in a central location.

The apartment features a well-designed open-plan kitchen and living area that flows onto a private balcony, maximising natural light and creating an appealing, functional living space. Both bedrooms are well-proportioned with built-in cupboards, while the contemporary bathroom is thoughtfully positioned for convenience.

The Paragon offers 24-hour security, secure access control, and designated parking — key features include a pool, entertainment area and gym, that enhance tenant demand and long-term investment appeal. Its prime location in Observatory places residents within close proximity to popular cafés, retail amenities, public transport links, and major routes, ensuring consistent rental interest.

A high-demand location combined with secure, low-maintenance living makes this a smart addition to any property portfolio.

Features

Interior
2 Bedrooms
1 Bathroom
1 Kitchen
1 Lounge
Exterior
1 Parking
Pool
Security
Scenery / Views
Sizes
Floor Size 60 m²

Observatory, Cape Town

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Finance

Monthly Repayment
R0,00
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