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R2,825,000

Monthly Bond Repayment R28,204.23
Calculated over 20 years at 10.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Investor Opportunity – Modern 1-Bedroom Apartment with Strong Rental Appeal

Located in the sought-after Winchester complex in Observatory, this contemporary 1-bedroom apartment presents an exceptional opportunity for investors seeking solid rental returns in one of Cape Town’s most vibrant and well-connected neighbourhoods.

Designed for low-maintenance, modern living, this light-filled unit features an open-plan layout with stylish laminated wood flooring throughout. The sleek kitchen is equipped with white cabinetry, ample cupboard space, stone countertops, and a built-in oven and hob—ideal for attracting tenants looking for a move-in-ready home. The spacious lounge and dining area flow seamlessly onto a private balcony, offering a quiet outdoor space that enhances the overall appeal of the apartment.

The generously sized bedroom includes built-in cupboards and sliding doors leading to the balcony, ensuring natural light and fresh air throughout the day. A neatly tiled bathroom with walk-in shower, basin, and toilet completes the picture of practical, modern living.

The Winchester offers excellent lifestyle amenities that are highly attractive to prospective tenants, including a shared swimming pool, fully equipped gym, secure parking bay, and an on-site coffee shop. The complex is access-controlled, professionally managed, and well-maintained—making it a prime lock-up-and-go investment.

Centrally positioned, Observatory is a hotspot for young professionals, students, and medical staff thanks to its proximity to UCT, Groote Schuur Hospital, the N2, Cape Town CBD, and major public transport routes. The area is also rich in dining, nightlife, and creative culture—making it one of the city’s most in-demand rental locations.

Whether you're looking to start or expand your property portfolio, this apartment checks all the boxes: location, lifestyle, and strong tenant demand.

Features

1
1
1
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Reception Rooms
2
Exterior
Garages
1
Security
Yes
Pool
Yes
Sizes
Floor Size
58m²

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

28,204.23

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