A must-have Investment In Observatory

Asking Price: R995 000 Introducing a charming studio nestled in the heart of Observatory, one of Cape Town's most vibrant and sought-after neighbourhoods. This newly renovated gem is located in a boutique sectional title scheme off Arnold Street and offers the convenience of city living with the comforts of a true home. This property is ideal for any young professional or student and is geared for fantastic rental yield. Projected rental figures = +/- R11 500 fully furnished and a yield of +/- 12.5%. This well-appointed studio apartment offers a warm and inviting atmosphere with the open floor plan which seamlessly connects all of the living areas, offering a spacious and versatile living space. Large aluminum doors and windows at key areas flood the apartment with natural light, creating a welcoming ambiance that is perfect for both relaxation and productivity. One of the standout features of this studio apartment is the private courtyard which is an extension of your living area and provides the perfect spot for al fresco dining, gardening, or simply enjoying the fresh air. Observatory is known for its eclectic mix of cafes, shops, and cultural attractions. You'll find yourself within walking distance of trendy restaurants, lively bars, and the renowned University of Cape Town. Additionally, the excellent public transportation links make it easy to explore the city and beyond. Viewing by Appointment. Size: +/- 53sqm (35 sqm internal) Rates: +/- R475 Levies: +/- R670 Asking Price: R995 000