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Web Ref: RL733
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R1,950,000 2 bedroom Flat/Apartment for sale in Observatory
Observatory, Cape Town
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51
Modern 2-Bedroom Apartment in Prime Observatory

Exclusively brought to you by The Storey Real Estate. This well-positioned 2-bedroom, 1-bathroom apartment offers the perfect blend of convenience, lifestyle, and investment potential in the heart of vibrant Observatory. The unit includes 1 secure parking bay inside the complex, with additional visitors’ parking available for guests. Whether you’re a first-time buyer, investor, young professional, or student, this property presents an excellent opportunity in one of Cape Town’s most sought-after suburbs. Ideally located within walking distance of the popular cafes, restaurants, and nightlife along Lower Main Road, the apartment also offers quick access to major transport routes and is just a 6-minute drive from University of Cape Town. The property also offers the option to be purchased fully furnished, making it an ideal turnkey investment opportunity for buyers looking for a move-in-ready or rental-ready apartment. Call me now to arrange a viewing.

Features
2 bedrooms
1 bathroom
1 kitchen
1 living room
1 store room
1 parking
Size & Coverage
51 • Floor Size
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Bond Repayment
Affordability
Bond & Transfer
Capital Gains Tax
Purchase Amount (R)
Deposit (R) (Optional)
Interest Rate (%)
Loan Term (Yrs)
Monthly Bond Payment
R 19,468
Once-off Costs
R 124,575
Deposit R 0
Bond Registration R 40,918
Property Transfer R 83,657
View bond and transfer cost breakdown
Gross Monthly Income Required
R 64,895
What do I qualify for based on my income?
Disclaimer: This calculator uses the prime interest rate by default for bond payment calculations. Please note that the actual interest rate offered by your bank may vary. Capital gains tax estimates are based on 2025/2026 South African tax year rates and exclusions. The results provided are estimates based on the entered amounts, rates, and fees and are intended for informational purposes only. While every effort is made to ensure accuracy, we cannot guarantee that the calculations are error-free or applicable to your specific circumstances. Consult a qualified tax professional for advice. We disclaim all liability for any inaccuracies or damages resulting from the use of this tool.
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Dalen Ramnarain Candidate Property Practitioner Show Contact Details
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