3
Beds
2
Baths
117 m²
Floor area
About this property
This well-maintained three-bedroom house offers comfortable, characterful living in the heart of Observatory, one of Cape Town's most vibrant and walkable neighbourhoods. The distinctive blue-and-white rendered façade with its bold geometric patterning and patterned cement-tile courtyard immediately sets the property apart.
The accommodation comprises three bedrooms: two generously sized rooms sharing a centrally located bathroom, and a third bedroom with its own private toilet and shower en suite. One bedroom is arranged over two levels, with a downstairs area suitable for a home office or study and an upper sleeping space — ideal for remote work or a flexible live-work setup.
The kitchen is well-appointed with light wood-grain cabinetry, dark laminate countertops, a checkerboard tile splashback, a four-plate electric stove and oven, double sink, and space for a fridge, washing machine, and microwave. An open archway connects to a compact dining nook with a built-in bench — perfect for casual meals. Natural light and a barred window ensure security without compromising ventilation.
Outdoors, a sheltered side courtyard paved with patterned encaustic cement tiles provides a private braai and relaxation area, enclosed by rendered perimeter walls with a spiked security topper. A partial Table Mountain glimpse is visible from the courtyard.
The property is sold fully furnished and is currently secured with a 12-month rental agreement, offering immediate rental income and strong investment appeal. Observatory Station is approximately 250 m away, and the lively Lower Main Road — with its cafés, restaurants, and nightlife — is immediately on the doorstep: UrbanTikka, Kind Regards, Trenchtown, and the Obz Lifestyle Market are all within 250 m. KWIKSPAR Observatory is ±85 m away, and Station Road Park is ±65 m from the property.
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: 95.8% purchase price, 4.2% buying costs.
- Asking price R 2 400 000
- Transfer duty (est.) R 59 200
- Deeds Office (transfer) R 2 086
- Conveyancing (est., incl. VAT) R 43 565
- Deeds lodgement R 52
- Total indicative R 2 504 903
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 5 679 343
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 2 160 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.
R 2 400 000