Observatory Property For Sale: Ideal for Investors and Student Accommodation

Ref # 2392632
R2,450,000
Property Details
3 Beds
1 Bath
84m²
118m²

On Show on Sunday 29 June 2pm to 4pm.

- Exclusive Sole Mandate -

Observatory is a suburb in Cape Town, South Africa, with a rich history dating back to the 18th century. This stunning 3-bedroom property offers a perfect blend of comfort, security, and convenience. With its strategic location close to the University of Cape Town (UCT) and Grootte Schuur Hospital, this property is ideal for investors looking to capitalize on the rental demand in the area.

Property Features:

- 3 spacious bedrooms, with 2 located on the top level for added privacy

- Lounge and dining room for relaxation and entertainment

- Fitted kitchen for convenience and functionality

- Newly fitted bathroom with a shower and toilet for modern comfort

- Front patio or stoep for outdoor enjoyment

- Fully secured property with:

- Off-street cameras for added security

- Security gates for peace of mind

- Off-street parking for 3 cars, perfect for residents or visitors

Location Advantages:

- Proximity to UCT and Grootte Schuur Hospital, making it ideal for students and medical professionals

- Surrounding amenities, including shops, restaurants, and public transportation, add to the convenience

- Observatory's vibrant atmosphere and eclectic mix of old and new buildings make it a unique and desirable area to live

Investment Potential:

- High demand for rental properties in the area, driven by students and young professionals

- Potential for long-term capital growth and rental income

- Opportunity to renovate or upgrade the property to increase its value

Don't miss out on this fantastic opportunity to own a property in one of Cape Town's most sought-after suburbs. Contact us today to schedule a viewing and make this property yours!

Tessa van der Schyff is a representative of Real Estate Power CC, T/A RE/MAX PREMIER, a franchise of RE/MAX SA. Each Office Independently Owned and Operated.

Property Features
Property Type
House
Bedrooms
3
Bathrooms
1
Open Parking
3
Floor Size
84m²
Land Size
118m²
Living Area
1
Costs and Terms
Rates & Taxes
±R821
Additional Information
Bathroom
Bath Toilet Basin, Shower Toilet Basin, Tiled Flooring, Aluminium windows, pvc ceiling and downlighters
Bedroom
Tiled Flooring
Dining Room
Tiled Flooring
Kitchen
BIC's, Tiled Flooring, Washing Machine Connection, Stove, Eye Level Oven, Granite Tops
Lounge
Tiled Floors
Security
CCTV, Security Gate, 4 CCTV cameras off street
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