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R1,750,000

R1,750,000

3 Bedroom Apartment Sold in Observatory
3
Bedrooms
1
Bathrooms
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Spacious, mixed-use unit for sale in a popular building in Observatory

Web Ref. RL921312
Land size 109.00 m²
Floor size 109.00 m²
Monthly Bond Repayment
R18,063.29
A rare opportunity investment in the FIVE HOWE mixed-use building in Observatory.

A mere stone's throw from the newly developed Amazon Headquarters and popular Riverlands Mall.

This special loft space is ideal for a creative individual looking for a special, unique open space or to run an office/small manufacturing plant (such as a fashion CMT) from home.

Also very suitable for the storage of stock.

The unit has 4 separate rooms. A double-volume ceiling creates a lovely, open atmosphere. Bedroom 1 is incredibly spacious and has ample built-in cupboards. Bedroom 2 is smaller and is ideal for an office space. Bedroom 3 has gorgeous, large windows inviting natural light. Stunning views of the city and partial views of the mountain. Loads of built-in cupboards and fitted plug points throughout.

Partitioning (dry walls) can easily be removed or erected up as it suits your business/residential needs.

A separate upstairs loft (room 4) area is ideal for office space/storage.

Kitchenette with a brand-new freestanding stove, double sink and a plumbing point for a washing machine or dishwasher, that can be developed, if required.

A neat, well-maintained bathroom with a large shower, toilet & basin.

Electricity on a pre-paid meter, fibre can easily pulled into the unit as the communal box is in the hall, less than a meter away.

The unit is currently tenanted.
Rental potential in the region of R14 500 p/m

The sale includes 2 secure parking bays within the complex.

Rates amount: +/- R1257.42
Levy amount: +/- R2165.01
Monthly Levy R2,075.63
Monthly Rates R876.34
Total R2,951.97

Features

Interior
3 Bedrooms
1 Bathroom
1 Kitchen
1 Lounge
1 Study
Exterior
2 Parkings (Carport)
Security
Sizes
Land Size 109 m²
Floor Size 109 m²
Listing Info
Date Listed 20-06-24
Time Listed 09:26

Observatory, Cape Town

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