spacious factory style apartment

R 1,151,000

Can I afford this?
8 months ago311 views
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General Details
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):1
Bathrooms (#):1
Size (sqm):62
Description
Introducing an exciting opportunity in the vibrant suburb of Observatory, known for its cultural diversity and artistic vibrancy. This distinctive property in Five Howe presents a unique prospect for creative investors seeking to make their mark on Cape Town's real estate scene. Boasting an industrial-chic ambiance, this meticulously maintained studio apartment offers a contemporary take on loft-style urban living.

Drawing inspiration from iconic metropolises like New York, this expansive loft apartment maximizes its floor space to encompass a generous bedroom, lounge, kitchen, and living area. The interior exudes a warm and inviting aura, characterized by airy finishes and ceilings that soar to double height. The aesthetic is enhanced by the presence of exposed brick walls and visible electrical conduits, lending an edgy industrial charm.

Beyond its captivating design, this apartment enjoys the added advantage of its prime location in Observatory. Swift access to the City Bowl and Southern Suburbs via the N2, including prominent institutions like UCT and CPUT, contributes to its appeal. Furthermore, its proximity to the vibrant hubs of Observatory, Woodstock, and Salt River ensures easy access to a plethora of markets, trendy bars, eateries, and cafes.

Whether you're in search of a stylish urban abode to call your own or a savvy investment property with promising rental returns, this apartment is an opportunity that should not be overlooked.

Property Details:

Size: Approximately 72sqm
Levies: To be determined
Rates: To be determined
Price does not include VAT
Take advantage of this chance to own a slice of trendy loft living in the heart of Observatory's dynamic cultural landscape. Contact us today for more information or to schedule a viewing.

Property Reference #: 1215913

Agent Details:
Michael Moffett
Rawson Properties Constantia
Block A, 1st Floor, Cnr. Timour Hall Road & Gabriel Road, Plum Park, Unit 2, Cape Town, Plumstead
Cnr. Timour Hall Road & Gabriel Road
Plumstead, Western Cape

Id Subtitle 1233415923
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Estimated monthly repaymentR 12,474
Total property loan amountR 1,151,000
Total interestR 1,842,633
Total repaymentR 2,993,633
Interest rate at 11.75% for 20 years *
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Rawson Properties Constantia
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