Observatory, Cape Town

Exclusive Listing | Asking Price: R2,595,000

Positioned within the ever-popular The Paragon development, this spacious 90sqm apartment offers an exceptional opportunity for both owner-occupiers and investors seeking a modern, well-located property in the heart of Observatory. Combining generous proportions with contemporary finishes and excellent convenience, this apartment is perfectly suited to professionals, students, and those looking for a lock-up-and-go lifestyle.

The apartment features three well-sized bedrooms and two bathrooms, including a main en-suite. The open-plan design creates a seamless flow between the kitchen, dining, and living areas, while large windows allow natural light to flood the space, enhancing the sense of openness throughout. The modern kitchen is thoughtfully designed with practicality in mind, offering ample storage and workspace for everyday living.

Sold fully furnished, the property presents a turnkey opportunity, allowing for immediate occupation or effortless rental potential. The apartment also includes secure parking and enjoys access to The Paragon's sought-after amenities, including 24-hour security, access control, and a communal swimming pool.

Adding further appeal is the apartment's proximity to the transformative Riverlands Precinct, one of Cape Town's most ambitious mixed-use developments. Riverlands has already established itself as a thriving destination, bringing together premium office space, retail offerings, restaurants, wellness facilities, landscaped public spaces, and modern residential components within a world-class urban environment. The continued growth of this precinct is enhancing the broader Observatory and Two Rivers area, driving increased demand, investment, and long-term value for surrounding properties.

Ideally positioned on the doorstep of Cape Town's major transport routes, the apartment is within easy reach of the CBD, UCT, Groote Schuur Hospital, Amazon's African headquarters, and a host of popular cafés, restaurants, and retail destinations. With strong rental demand, modern conveniences, and a prime location, this is an outstanding opportunity to secure a versatile property in one of Observatory's most established developments.

Rates: ±R1 800

Levies: ±R3 700

Size: ±90sqm