R850,000

1 bedroom apartment for sale in Observatory

1 George Street, 12
1 Bed
1 Bath
32m²
Apartment For Sale In Observatory

Sole Mandate:

Welcome to a remarkable lockup and go studio apartment nestled in Observatory, offering unmatched convenience and comfort. Ideal for homeowners seeking a low-maintenance lifestyle or investors eyeing a lucrative opportunity, this property enjoys a prime location with seamless access to major highways, the airport, city center, and beautiful beaches.

Strategically positioned within walking distance of UCT Medical Campus and Groote Schuur Hospital, this studio is in high demand for both student and professional rentals, making it a smart choice for savvy investors. Nearby amenities including shopping outlets and popular dining venues along Lower Main Road further enhance the practicality of its location.

Upon entry, you are greeted by a spacious room featuring ample storage space. The bathroom includes a shower and is equipped with a washing machine, which is included in the sale of the property. Additional inclusions such as the refrigerator, microwave, and curtains make this studio move-in ready for its new owner.

The property includes an allocated parking bay conveniently situated just meters from the back door, secured within a gated parking area equipped with electric fencing and remote-controlled access. Set within a community of both owner-occupiers and tenants, managed by a reputable local management agent, ensures a well-maintained and harmonious living environment.

Offering reasonable rates, manageable levies, and a robust maintenance plan, this studio epitomizes modern urban living at its finest. Whether you seek a tranquil sanctuary or a sound investment opportunity, this property represents an excellent choice in one of Cape Town’s most desirable neighborhoods.

Inside

1 Bedrooms

Kitchen

Bathroom

Outside

Allocated parking bay

Alarm system

Price Definitely negotiable

Call to arrange your private viewing now!

Property Type
Apartment
Bedrooms
1
Bathrooms
1
Building Size
32m²
Rates & Taxes
R390
Levy
R1,400
Reference
ENT0282004
Address
1 George Street
Property history
Listed for sale at R950,000
17 Jul 2024
Price reduced by 10.5% to R850,000
05 Aug 2024
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