R2,825,000
Monthly Bond Repayment R28,204.23
Calculated over 20 years at 10.5% with no deposit.
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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.
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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.