Property
South Africa

3

Beds

3

Baths

1

Parking

91 m²

Floor area

Apartment 3 beds 3 baths 91 m²

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

Bedroom × 3
Bathroom × 3
Kitchen
Lounge
Dining Room
Garage / Parking

Features & amenities

PoolSecurityFurnishedParking24 hour securityIntercom accessOpen plan kitchenBreakfast bar / islandBalconyStainless steel appliances

Price & ownership

Asking price R 3 600 000
Price per m² R 39 560
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 3,6M
Taxes + legal + admin fees R 235,2K

Rough split: 93.9% purchase price, 6.1% buying costs.

  • Asking price R 3 600 000
  • Transfer duty (est.) R 173 356
  • Deeds Office (transfer) R 3 128
  • Conveyancing (est., incl. VAT) R 58 685
  • Deeds lodgement R 52
  • Total indicative R 3 835 221

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 33 996 /month

Total paid over 20 years (deposit + repayments): R 8 519 015

Deposit 10% · R 360 000
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 3 240 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 3 600 000