2 Bed Apartment in Observatory
R 1 149 000
Situated within walking distance to UCT Medical School, this 2 bedroom apartment could not be more ideal for students or young professionals!
The upper floor consists of 2 generously sized and sun-lit bedrooms (both with built-in-cupboards) separated by a neatly designed walk-in shower and adjacent toilet.
Downstairs is the spacious open plan kitchen, with plenty of countertop & cupboard space. This kitchen seamlessly flows to the living room which boasts an abundance of light stemming from the private courtyard. This courtyard is perfect to bask in the Cape Town sun and enjoy a braai with friends and family at your leisure.
Palm Mews is a very well run and cat friendly (subject to BC approval) complex. The complex further offers a glistering swimming pool for all to enjoy on those hot summer days!
The location offers many benefits as UCT Medical School is no more than a minute walk away with many popular restaurants, retailers and coffee shops all right around the corner. In addition, there is extremely easy access to all major transport routes, too.
Due to the location, the low maintenance and the ever-present rental demand for the area - this property is a great investment opportunity. In fact, the property is currently let at R 10 000 per month, creating a gross yield of approximately 9% at the full asking price.
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