Sale
South Africa

2

Beds

2

Baths

73 m²

Floor area

Apartment 2 beds 2 baths 73 m²

About this property

A stylish two-bedroom apartment set in the heart of Observatory, one of Cape Town's most vibrant and walkable suburbs, offering 73 m² of thoughtfully designed living space with a bold contemporary interior aesthetic.

The open-plan living and dining area makes an immediate impression: wide-plank laminate flooring runs underfoot, a dramatic exposed dark-brick feature wall anchors the dining zone and is dressed with open timber shelving, and a cheerful yellow kitchen credenza injects a playful pop of colour into the otherwise neutral palette. Full-height aluminium-framed sliding doors open onto a private balcony that floods the space with natural light and frames views over the surrounding cityscape.

Both bedrooms are generously proportioned and finished with a cohesive design language — yellow upholstered headboards, grey geometric-patterned bedding, textured white stone-effect wallpaper, timber study desks, yellow accent chairs, and wall-mounted open shelving with trailing plants. One bedroom features a full-height gloss white built-in wardrobe and benefits from an en-suite WC visible through the doorway. The main bathroom is neatly finished with large-format grey tiles, a frameless glass shower enclosure with chrome fittings and a recessed corner shelf, a floating white vanity unit with single-lever chrome tap, and a rounded mirror cabinet above.

Building amenities include a fitness centre and rooftop terrace. The location is exceptional: UrbanTikka, Kind Regards, and Trenchtown are within metres of the front door, KWIKSPAR Observatory is roughly 85 m away, and Observatory Station is approximately 250 m straight-line — making this ideal for owner-occupiers seeking a lock-up-and-go lifestyle or investors targeting the strong student and professional rental market near UCT.

Rooms & layout

Open-plan Lounge / Dining
Kitchen
Balcony
Bedroom × 2
En-suite WC
Bathroom

Features & amenities

contemporarycity viewsbalconyin unit laundryfitness centrerooftop terraceopen plan livingexposed brick feature walllarge sliding doorsbuilt in wardrobes

Price & ownership

Asking price R 2 600 000
Price per m² R 35 616
Municipal valuation -

Cost to buy (indicative)

Purchase type is not confirmed below. Transfer duty is estimated for a standard resale (not a VAT-inclusive developer or vendor sale). Check with the agent.

Upfront split

Property price R 2,6M
Taxes + legal + admin fees R 123,6K

Rough split: 95.5% purchase price, 4.5% buying costs.

  • Asking price R 2 600 000
  • Transfer duty (est.) R 75 200
  • Deeds Office (transfer) R 2 259
  • Conveyancing (est., incl. VAT) R 46 085
  • Deeds lodgement R 52
  • Total indicative R 2 723 596

Estimates from SARS transfer duty tables, Deeds Office–style fees, and LSSA conveyancing guidelines. Not financial or legal advice — confirm with your attorney. Duty uses the higher of price or market value.

Table ref: sars_2025-04-01

Bond Calculator

R 24 553 /month

Total paid over 20 years (deposit + repayments): R 6 152 622

Deposit 10% · R 260 000
Loan term 20 years
5 yr 30 yr
Interest rate 11.25% p.a.
5% Prime ~11.25% 20%

Monthly repayment vs interest rate (deposit fixed at 10%)

Monthly repayment vs deposit percentage (rate fixed at 11.25%)

Indicative estimate only. Loan of R 2 340 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.