R1,500,000

R1,500,000

0.5 Bedroom Apartment For Sale in Observatory
0.5
Bedrooms
1
Bathrooms
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STYLISH STUDIO APARTMENT IN THE HEART OF OBSERVATORY

Web Ref. DPR27154
Land size 31.00 m²
Floor size 31.00 m²
Monthly Bond Repayment
R14,975.69
This is a fantastic opportunity to own a well-positioned studio apartment in Observatory, whether you are looking for your first home, a convenient base close to work or university, or an investment property with excellent rental potential.

This well-maintained 31 m² studio apartment in the popular The Factory development offers comfortable living, excellent security, stunning views and a fantastic location. It also includes one secure undercover parking bay.

The apartment is well designed and makes good use of the available space. It has a built-in desk and ample built-in cupboard space, providing plenty of practical storage. A sliding door off the living area allows plenty of natural light into the apartment.

The open-plan kitchen features an electric hob and oven and is plumbed for one appliance. The separate bathroom includes a shower and toilet.

Residents of The Factory have access to a range of excellent facilities, including a rooftop swimming pool, entertainment and braai area and communal gym. The development also offers 24-hour security and controlled access, providing residents with peace of mind.

Ideally located in Observatory, the apartment is close to the University of Cape Town, Groote Schuur Hospital and the Cape Town central business district, as well as a great selection of cafés, restaurants and shops.

This apartment is ideal for students or young business professionals looking for a convenient and secure home close to university, work and everything Observatory has to offer. It is also currently tenanted, making it an attractive investment opportunity for a buyer looking for rental income.

Features

Interior
0.5 Bedroom
1 Bathroom
Exterior
1 Parking (Secure Parking)
Pool
Security
Scenery / Views
Sizes
Land Size 31 m²
Floor Size 31 m²
Listing Info
Date Listed 07-09-26
Time Listed 15:07

Disclaimer

While every effort will be made to ensure that the information contained within the Dormehl Phalane Property Group website is accurate and up to date, Dormehl Phalane Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.