2 Bedroom Apartment in Observatory
Investment with tenant in place until November 2026
Two bedrooms, both with built-in cupboards and fitted carpets, the main bedroom is north facing.
A tiled bathroom with vanity cupboard, shower, wc and hand basins.
A fitted, eat-in, modern kitchen with granite tops and built-in stove is open plan to the living room.
The lounge has sliding doors to unobstructed views of Table Mountain and Devils Peak, Lions Head and even the sea in the distance.
247 manned security including one private parking bay in the basement of the building.
Special features include Wi-Fi access, many electricity and TV access points pre-paid electricity meter, free hot water, a communal swimming pool and gym on the top floor, a laundry, recycling facilities and a private meditation garden.
The complex was completed in 2014 by an experienced developer, Aquacor.
Central position with easy access to the city and highways.
Excellent investment opportunity and lock-up-and-go, secure city living, with a secure tenant until 30 November 2026 at ZAR 16,000 per month. It is the fourth year that this tenant is renting in the complex.
The property was rented out until 30 November 2025 to the same tenant for ZAR 14,400 per month.
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Property details
- Listing number T5568420
- Property type Apartment
- Listing date 28 Jul 2026
- Floor size 64 m²
- Rates and taxes R 872
- Levies R 3 268
Property features
- Bedrooms 2
- Bathrooms 1
- Open parking 1
- Kitchen