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R920,000 | 0.5 Bedroom Studio Apartment For Sale in Observatory

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R920,000

501 Riviera, 1 William Street, Observatory, Cape Town

Monthly Bond Repayment R9,811.15
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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0.5 Bedroom Studio Apartment For Sale in Observatory

Welcome to this exceptional lockup-and-go studio apartment located in the heart of Observatory. Perfectly suited for those seeking a low-maintenance lifestyle or investors aiming for a high-return opportunity, this property offers unparalleled convenience and comfort. Enjoy easy access to major highways, the airport, city center, and stunning beaches, making it a prime choice for both living and investing.

Strategically situated within walking distance of the UCT Medical Campus and Groote Schuur Hospital, this studio is a sought-after rental option for students and professionals alike. The surrounding area features a variety of amenities, including shopping outlets and popular dining spots along Lower Main Road, enhancing the practicality of its location.


The property comes with an allocated parking bay, conveniently located just meters from the back door, within a secure, gated parking area that includes electric fencing and remote-controlled access. The community, consisting of owner-occupiers and tenants, is well-managed by a reputable local management agent, ensuring a well-maintained and harmonious living environment.

With reasonable rates, manageable levies, and a robust maintenance plan, this studio embodies modern urban living. Whether you're looking for a peaceful retreat or a sound investment in one of Cape Town’s most desirable neighborhoods, this property offers an excellent opportunity.

Inside:

Open plan studio
Kitchen
Bathroom
Outside:

Allocated parking bay
Don’t miss out on this fantastic opportunity. Call now to arrange your private viewing!

Features

0.5
1
Pets Allowed
No
Interior
Bedrooms
0.5
Bathrooms
1
Kitchen
1
Furnished
No
Exterior
Security
No
Parkings
1
Pool
No
Extras Studio; Open Plan Kitchen
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-33.9451533, 18.4682834

Observatory, Cape Town

Trendy - a word commonly used to describe the suburb. Observatory, also known as "Obs", has a vibrant entertaining history, as one of Cape Town's oldest suburbs. Due to it's popularity for students, lecturers and medical staff, Observatory is extremely affordable in the property market, yet trendy and upcoming. Close proximity to the CBD, with excellent access to the highway. Observatory has a great rental demand as... More Info

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