R 1 300 000 | 1 bed property for sale in observatory

Property Description

Welcoming offer from R1 300 000 (VAT inclusive - saving you -R6 000 in transfer duty) Known for its diverse culture and rich artistic flair, the suburb of Observatory has drawn in many creative investors looking to put their unique imprint on the Cape Town property market. With that in mind, we are excited to present to you one such property located in Five Howe. With a trendy industrial feel, this well kept, low maintenance open plan apartment encapsulates contemporary loft-style city living. Taking inspiration from major city’s like New York, this spacious open-plan apartment fully capitalizes on the floor space provided to create a trendy and expansive bedroom, lounge, kitchen, and living space. The space itself boasts a welcoming feel with light finishes and double volume ceilings. Couple this with the exposed brick wall and electrical conduits to create an edgy industrial atmosphere. The apartments alluring features and perks are further complimented by its ideal location in Observatory with quick access to the City Bowl or Southern Suburbs Via the N2 (including UCT & CPUT), and being close in proximity to Observatory, Woodstock and Salt River's rich collection of markets, hip bars, restaurants and cafes. Whether looking for a trendy new apartment to call your own or an investment property with a top rental return, this apartment is one not to be missed Size: - 67sqm Levies: /- R1 488 Rates: /- R684 Asking Price: R1 300 000


Property Details

Purchase Price R 1 300 000

Building Size67 m2

Price Per SQMR 19402 m2

Type of PropertyFlat

Monthly Rates684

Monthly Levy1488

Land Size67 m2

Last Updated06 May 2024

Rooms

Kitchen1

Bedrooms1

Bathrooms1

Reception Rooms

Lounges1

General Features

SecurityYes

Property Location

Agent

Quay 1 Property Specialist 46

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