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Manhattan-Styled 1-Bedroom Studio Apartment In Observatory
R 1,300,000
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General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):1
Bathrooms (#):1
Size (sqm):67
Parking:None
Description
Welcoming offer from R1 300 000 (VAT inclusive - saving you +-R6 000 in transfer duty)
Known for its diverse culture and rich artistic flair, the suburb of Observatory has drawn in many creative investors looking to put their unique imprint on the Cape Town property market. With that in mind, we are excited to present to you one such property located in Five Howe. With a trendy industrial feel, this well kept, low maintenance open plan apartment encapsulates contemporary loft-style city living.
Taking inspiration from major city’s like New York, this spacious open-plan apartment fully capitalizes on the floor space provided to create a trendy and expansive bedroom, lounge, kitchen, and living space. The space itself boasts a welcoming feel with light finishes and double volume ceilings. Couple this with the exposed brick wall and electrical conduits to create an edgy industrial atmosphere.
The apartments alluring features and perks are further complimented by its ideal location in Observatory with quick access to the City Bowl or Southern Suburbs Via the N2 (including UCT & CPUT), and being close in proximity to Observatory, Woodstock and Salt River's rich collection of markets, hip bars, restaurants and cafes.
Whether looking for a trendy new apartment to call your own or an investment property with a top rental return, this apartment is one not to be missed
Size: +- 67sqm
Levies: +/- R1 488
Rates: +/- R684
Asking Price: R1 300 000
Property Reference #: 6471468
Agent Details:
Quay 1 Property Specialist 46
Quay1 International Realty
153 Kloof Street
Gardens
Cape Town
Known for its diverse culture and rich artistic flair, the suburb of Observatory has drawn in many creative investors looking to put their unique imprint on the Cape Town property market. With that in mind, we are excited to present to you one such property located in Five Howe. With a trendy industrial feel, this well kept, low maintenance open plan apartment encapsulates contemporary loft-style city living.
Taking inspiration from major city’s like New York, this spacious open-plan apartment fully capitalizes on the floor space provided to create a trendy and expansive bedroom, lounge, kitchen, and living space. The space itself boasts a welcoming feel with light finishes and double volume ceilings. Couple this with the exposed brick wall and electrical conduits to create an edgy industrial atmosphere.
The apartments alluring features and perks are further complimented by its ideal location in Observatory with quick access to the City Bowl or Southern Suburbs Via the N2 (including UCT & CPUT), and being close in proximity to Observatory, Woodstock and Salt River's rich collection of markets, hip bars, restaurants and cafes.
Whether looking for a trendy new apartment to call your own or an investment property with a top rental return, this apartment is one not to be missed
Size: +- 67sqm
Levies: +/- R1 488
Rates: +/- R684
Asking Price: R1 300 000
Property Reference #: 6471468
Agent Details:
Quay 1 Property Specialist 46
Quay1 International Realty
153 Kloof Street
Gardens
Cape Town
Id Subtitle 1276333312
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Estimated monthly repaymentR 14,089
Total property loan amountR 1,300,000
Total interestR 2,081,167
Total repaymentR 3,381,167
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Quay1 International Realty
Selling for 2+ years
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