3
Beds
3
Baths
1
Parking
91 m²
Floor area
About this property
A well-presented 91 m² apartment in The Paragon, situated at the corner of Main Road and Bowden Road in the heart of Observatory. The apartment offers three bedrooms — one en-suite with a walk-in bathroom, one twin bedroom, and a main bedroom — complemented by two bathrooms. The contemporary open-plan layout flows seamlessly from the fully equipped kitchen, with its white gloss cabinetry, quartz island/breakfast bar, stainless-steel appliances (fridge-freezer with water dispenser, electric oven and hob, microwave, kettle and toaster), into the living and dining areas. The dining room seats six comfortably and connects to a sliding-door balcony with views towards the street. The lounge features a wall-mounted flat-screen TV and direct sightlines into the kitchen — ideal for entertaining.
The Paragon complex offers a communal pool and 24-hour security with intercom access. A parking bay and full furnishings are included. The apartment is fully tiled throughout, with crisp white walls, LED track lighting, and cornices that give it a clean, modern aesthetic.
The location is exceptional for connectivity and lifestyle: UrbanTikka, Kind Regards, and Trenchtown restaurants are virtually on the doorstep (under 25 m), KWIKSPAR Observatory is 85 m away, and Observatory Station is roughly 250 m straight-line. The UCT Medical Centre is within 320 m, and the Obz Lifestyle Market is just 235 m away — placing daily errands, dining, and commuting within easy reach.
Rooms & layout
Features & amenities
Price & ownership
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
Rough split: 94.0% purchase price, 6.0% buying costs.
- Asking price R 3 500 000
- Transfer duty (est.) R 162 356
- Deeds Office (transfer) R 3 042
- Conveyancing (est., incl. VAT) R 57 425
- Deeds lodgement R 52
- Total indicative R 3 722 875
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
Total paid over 20 years (deposit + repayments): R 8 282 375
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 3 150 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.