R1,695,000
Monthly Bond Repayment R18,075.98
Calculated over 20 years at 11.5% with no deposit.
Change Assumptions
R2,200
R700
Ideally Located One Bedroom Loft Apartment
This spacious 1-bedroom loft apartment in Devon Place, Observatory, offers the perfect living space for students, young professionals, or anyone looking to experience the best of Cape Town. Situated in the vibrant and sought-after neighbourhood of Observatory, the apartment is ideally located next to the UCT Medical School, making it an excellent choice for those seeking convenience and lifestyle.
The apartment features a bright bedroom with built-in cupboards, providing ample storage, and a modern bathroom with a shower and basin. The open-plan living area leads to a cozy balcony with views of the surrounding area, while the kitchen boasts marble-finished countertops, built-in cupboards, and plumbing for either a washing machine or dishwasher. Residents enjoy the convenience of one secure parking bay and access to visitor parking inside the complex. The complex also offers a well maintained communal garden and swimming pool, and 24-hour biometric access for both pedestrian and vehicle entry, ensuring a safe and secure environment year-round.
Well-managed by a competent body corporate, Devon Place is clean and well-maintained, creating a welcoming atmosphere for its residents. The apartment is ideally positioned within walking distance of St Peter’s Square for shopping and dining options, and just a block away from the UCT Jammie Shuttle stop.
This property is a prime investment opportunity, whether you're looking to accommodate a student or expand your portfolio. Don't miss the chance to own this gem in the heart of Observatory!
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