Property
South Africa

2

Beds

1

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.

R 2 600 000