R3,449,000

Apartment for sale in Observatory

69 Polo, 13
1 Bath
266m²
625m²
Apartment For Sale In Observatory

Just imagine this: The bustling heart of Cape Town, where vibrant energy meets urban sophistication. Now, imagine stepping into your very own bespoke corner lighting shop, perched along one of the city’s busiest roads. As the golden Cape sun dips below Table Mountain, the warm glow from your curated collection of unique, handcrafted lights spills out onto the pavement, inviting passersby to pause, admire, and enter. Inside, every corner tells a story, each light a work of art – from sleek modern designs to vintage treasures. With the city’s pulse just outside, your shop becomes more than a business; it’s a beacon, a sanctuary of light and creativity in the very soul of Cape Town. Can you see it? The energy, the possibilities, the potential for your own brand to shine brightly in this unforgettable location.

According to “North East Londoner” cited 24 September 2024, investment in corner shops reached £1 billion over the last year with independent vendors still dominating despite supermarket expansion, latest data shows.

The Association of Convenience Stores (ACS) 2024 Local Shop Report found that investment is the highest on record since the report’s inception in 2012.

Much of this growth comes from chain supermarkets aiming to tighten their grip on the local community shopping market, but 71% of convenience stores in the UK are still owned by independent retailers.

The property includes ample parking space for residents and visitors, ensuring convenience and ease.

Property Type
Apartment
Bathrooms
1
Stand Size
625m²
Building Size
266m²
Study
1
Covered Parking
1
Open Parking
1
Rates & Taxes
R3,034.49
Guest Toilet
Yes
Secure Parking
Yes
Alarm System
Yes
Reference
ENT0296176
Bathroom
Guest Toilet
Security
Alarm System
Address
69 Polo
Estimated monthly costs
Understand your true monthly costs by factoring in your loan repayments, utilities, rates & taxes and levies where applicable and supplied by the agent.
R38,634.49
Home loan repayment
R35,600
Rates and taxes
R3,034.49
Utilities
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R0
Property history
Listed for sale at R3,449,000
01 Apr 2025
Get to know Cape Town
Cape Town is home to one of the most cosmopolitan communities in the world and certainly lives up to its title as the Mother City. From its beginnings as the port for the Dutch fleets, Cape Town has evolved into one of the most modern cities in South Africa and the African continent.
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