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Observatory, Observatory, Cape Town, Western Cape
R 1 550 000
*** Sole & Exclusive Mandate *** Nestled in the vibrant and eclectic suburb of Observatory, this delightful 2-bedroom, 1-bathroom semi-detached home perfectly blends classic charm with urban convenience. Observatory is renowned for its rich architectural character, community spirit, and proximity to the city — making it a sought-after location for young professionals, families, and creatives alike. Property Features: * Two spacious bedrooms offering ample natural light * Lounge area ideal for relaxing or entertaining * Functional kitchen with practical layout and good storage potential * Bathroom with all essentials * Small outdoor area suitable for hanging laundry * MU2 Zoning, providing flexibility for mixed-use opportunities Although not heritage-graded, this property lies within the proposed HPOZ (Heritage Protection Overlay Zone) area, reflecting the historic charm and architectural character that Observatory is known for. The home could benefit from a touch of TLC, offering the perfect opportunity to add your own personal touch and unlock its full potential. Location Highlights: * Walking distance to trendy cafe´s, restaurants, and local shops * Close to UCT, Groote Schuur Hospital, and major transport routes * A short drive to the City Bowl, Woodstock, and Salt River * Community-oriented neighborhood with a mix of heritage homes and modern living This property presents an excellent opportunity for homeowners, renovators, or investors looking to secure a spot in one of Cape Town’s most distinctive and culturally rich areas. The Property is currently tenanted with a rental income of R9,000 per month
Estimated monthly repayment
R 14 637
on a R 1 395 000 bond over 20 years at 11.25%
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Observatory, Observatory, Cape Town, Western Cape
Area view — the exact address is shared on enquiry.
Fair-value check
Good valuePriced 41% below comparable 2-bed houses for sale in Observatory
Based on 8 comparable listings
A market signal from comparable listings — not a formal valuation.
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Island View