The Factory, Unit W204 – Observatory

ZAR 1,475,000

Private undercover x1

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Walk through this property with my video tour

More Features

Plot Number: Sectional title

Plot Size: N/A

Floor Size: 64 sq.meters

Monthly Rates: Rates + Levy = ZAR 4175

Present Rental Income: ZAR 13,500 per month

Availability: 1 January 2025

Observatory apartment – ZAR 1,475,000– Flats for sale in Observatory

Calling investors looking to rent to students from AFDA, UCT, Varsity College. This is walking distance to public transport, a super secure complex from a reputable developer. Looking for a lock-up-and-go city pad? This is it!
* Two bedrooms, both with built-in cupboards and fitted carpets, the main bedroom is en-suite.
* Two tiled bathrooms, both with vanity cupboard, shower, w/c 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 Devil’s Peak.
* 24/7 manned security including two private parking bays 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 or lock-up-and-go, secure city living.
This unit is rented out until 31.12.2024 at ZAR 13,500 per month

1 Howe Street, Observatory

Floorplan

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