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4 Penzance Rd, Observatory, Cape Town, Western Cape
R 18 000 /mo
Deposit: R 36 000
2 Bedroom Apartment / Flat to Rent in Observatory. Available immediately. Devon Place, 4 Penzance Road, Observatory Newly renovated unfurnished two-bedroom ground floor apartment available to rent at Devon Place in Observatory Devon Place in Observatory is well positioned near UCT Medical Campus and Groote Schuur Hospital. Easy access to CBD and Cape Town International Airport. Close to is close to Obz Square, Jammie Shuttle stop, Pick ‘n Pay, Cafes and Restaurants. Apartment features: - Two bedrooms - One bathroom with a shower. - Open plan lounge and kitchen - One secure covered parking bay - Terrace and garden - Area 59 m2 - R18,000.00 per month excluding water and electricity - R36,000.00 deposit (2 months’ rent) - Fibre ready -Covered parking bay Residents at Devon Place enjoy 24/7 manned security, CCTV surveillance, disk access, fibre ready, communal braai area with pool.
Rent as % of your income
33.3%
Manageable but tight
deposit + 1st month + admin
rent + deposit + admin
advertised price
Estimate only — landlords typically look for rent at or below 33% of gross monthly income, but affordability also depends on your other debts and credit profile.
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4 Penzance Rd, Observatory, Cape Town, Western Cape
Fair-value check
Fairly pricedIn line with comparable 2-bed apartments to rent in Observatory
Based on 36 comparable listings
A market signal from comparable listings — not a formal valuation.
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