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Quay 1 International Realty

Apartment · For SaleRef RL1540

2-Bedroom Apartment in Obs

R 2 400 000

Observatory, Cape Town

Key facts

Type
Apartment
Bedrooms
2
Bathrooms
2
Carports
1
Floor size
67 m²
Land size
67 m²
Title
Sectional Title
2-Bedroom Apartment at The Paragon Positioned within the popular and well-established Paragon development, this beautifully maintained corner apartment presents an exceptional opportunity for first-time buyers, young professionals and investors looking to secure a property in one of Cape Town's most conveniently located and vibrant neighbourhoods. Designed with both comfort and practicality in mind, the apartment offers a welcoming open-plan living area that flows effortlessly into a modern, fully fitted kitchen. The layout makes excellent use of the available space, creating a comfortable environment for everyday living. Both bedrooms are generously proportioned and fitted with built-in cupboards, with the added advantage of individual balcony access, allowing for natural light, fresh air and elevated surrounding views. The main bedroom enjoys the convenience of a private en-suite bathroom, while the second bedroom is serviced by a separate bathroom, making the configuration particularly appealing for shared living arrangements or accommodating guests. An additional standout feature is the provision of extra storage space, a valuable and often overlooked benefit in modern apartment living. Beyond the apartment itself, The Paragon offers residents an impressive selection of lifestyle facilities, including a rooftop swimming pool, entertainment and braai areas with panoramic mountain and city views, a communal gym and clubhouse. The development also benefits from 24-hour security, controlled access and concierge services, providing peace of mind and convenient lock-up-and-go living. Situated within close proximity to UCT, the medical precinct, major transport routes and Observatory's popular restaurants, cafés and amenities, the location continues to appeal to a broad range of residents and prospective tenants. Whether you're looking for a conveniently located home, a Cape Town base or an addition to your investment portfolio, this apartment offers an attractive combination of location, functionality and lifestyle. Size: ±67sqm Asking Price: R2 400 000

Features

  • pool
  • security

Location

Observatory - exact address on request.

Open Observatory in Google Maps ↗

Living in Observatory

Observatory is one of Cape Town’s most character-filled suburbs, celebrated for its Victorian charm, bohemian spirit and creative energy.

Read the Observatory area guide →

Good to know

What is the asking price?+

This apartment is on the market at R 2 400 000.

How many bedrooms and bathrooms does it have?+

It has 2 bedrooms and 2 bathrooms.

Is there parking?+

Yes - 1 parking bay.

How big is it?+

The floor size is 67 m², on a 67 m² erf.

Where is it located?+

It's in Observatory, Cape Town.

Bond repayment

Estimated monthly repayment

R 23 408

On a R 2 160 000 bond over 20 years at 11.75%.

Transfer costs

Purchase price
R 2 400 000
Transfer duty (SARS)
R 59 200
Transfer & conveyancing (est.)
R 46 250

Estimated once-off costs

R 105 450

Indicative only - bond registration costs excluded; your conveyancer confirms final figures.

Jambo Home Loans

Pre-qualified before you offer

Quay 1 partners with Jambo Home Loans. Get a bond pre-approval or speak to a consultant - they compare offers across the major banks on your behalf.

Call 087 474 0483

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