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1 Howe Street, Observatory, Cape Town, Western Cape
R 1 850 000
* Two bedrooms, both with built-in cupboards and fitted carpets, the main bedroom is north facing. * A tiled bathroom with vanity cupboard, shower, w/c and hand basins. * A fitted, eat-in, modern kitchen with granite tops and built-in stove is open plan to the living room. * The lounge has sliding doors to unobstructed views of Table Mountain and Devil’s Peak, Lion’s Head and even the sea in the distance. * 24/7 manned security including one private parking bay in the basement of the building. * Special features include Wi-Fi access, many electricity and TV access points (pre-paid electricity meter), free hot water, a communal swimming pool and gym on the top floor, a laundry, recycling facilities and a private meditation garden. * The complex was completed in 2014 by an experienced developer, Aquacor. * Central position with easy access to the city and highways. * Excellent investment opportunity and lock-up-and-go, secure city living, with a secure tenant until 30 November 2026 at ZAR 16,000 per month. It is the fourth year that this tenant is renting in the complex. The property was rented out until 30 November 2025 to the same tenant for ZAR 14,400 per month. Reply to this advertisement and receive a floorplan and video tour of the property and apartment
Estimated monthly repayment
R 17 470
on a R 1 665 000 bond over 20 years at 11.25%
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1 Howe Street, Observatory, Cape Town, Western Cape
Fair-value check
Good valuePriced 19% below comparable 2-bed apartments for sale in Observatory
Based on 48 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Werner Steyn
Werner Property Agents
Unclaimed listing — claim it to verify
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