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R9,599,999

Monthly Bond Repayment R100,728.57
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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RARE OPPORTUNITY IN OBSERVATORY, CAPE TOWN!

Discover this hidden gem in the heart of Observatory, where character meets contemporary living. Tucked away on a peaceful and highly desirable street, this versatile property offers not one but up to three independent homes under one roof, making it an exceptional find for savvy buyers or investors.

Location, Location, Location! Enjoy the convenience of living in a vibrant neighborhood, with easy access to all major amenities, trendy restaurants, public transport, and highways. Plus, you're just moments away from the exciting new Amazon development and Liesbeek Village.

Property 1: Italian-Inspired Artistic Haven
Step into this beautifully designed independent home that radiates both style and warmth. Boasting an artistic Italian touch, this home offers:
• Three generously sized bedrooms and two modern bathrooms—one with a shower, and the other with both a luxurious shower and bathtub.
• A sparkling swimming pool and a veranda perfect for alfresco dining, relaxation, and enjoying Cape Town's beautiful weather.
• A covered carport with remote-controlled gates, ensuring both security and ease of access.

Charming Features:
• Authentic fireplace, original Oregon pine floors, classic sash windows, and custom Italian-tiled finishes throughout the house.
• An open-plan kitchen, dining, and lounge area that flows seamlessly into the veranda, enhanced by a retractable awning—perfect for entertaining or enjoying serene moments.

Additional Highlights:
• Pre-paid electricity meter for efficient energy management.
• German instant water geyser for on-demand hot water.
• Installed WiFi to keep you connected.
• Sensor-activated Garden lights for security and ambiance.
• Comprehensive video intercom and alarm system for peace of mind, covering both interior and exterior spaces.
• Three-phase electricity for added power stability.
• A convenient laundry area with a balcony for sun-dried freshness.
• Ample built-in cupboard space throughout, offering practical storage solutions.

This bright, sun-soaked home is an ideal retreat, offering both comfort and convenience. Whether you're looking for a charming personal residence or a smart investment with potential for expansion, this property can be sold as is or with the balance of the subdivided house.
Don’t miss out on this rare find in Observatory—a home where timeless elegance meets modern amenities!

A Stylish Oasis in Observatory with Endless Possibilities
This beautifully designed property blends classic charm with modern functionality, featuring not just one, but three distinct living spaces! Ideal for a multi-generational family, rental income opportunities, or as a spacious and luxurious primary residence, this is a rare find in the heart of Observatory.

Main House:
Step into this artfully crafted two-bedroom, three-bathroom home, where elegance and practicality meet. The spacious living area, complete with a working Victorian fireplace and stunning wooden parquet floors, creates the perfect atmosphere for relaxation or entertainment. A cleverly concealed storage space in the ceiling is accessed via a drop-down aluminum ladder, ensuring a tidy and uncluttered home. A guest toilet is conveniently nearby.

The modern kitchen, equipped with high-end appliances and ample counter space, flows seamlessly into the dining room, which opens to the outdoor entertainment area. Step outside and be greeted by a private garden oasis, complete with a sparkling pool, built-in braai, and a retractable awning—perfect for al fresco dining in the shade.

Downstairs, the en-suite bedroom boasts glass doors that open directly to the secluded garden, offering a peaceful retreat with a bathtub, shower, and bidet. Upstairs, the main bedroom features an en-suite bathroom, Juliette balcony, and built-in storage along the red steel staircase.

Additional features include:
• Heated and lit chlorinated pool
• Outdoor hot and cold shower
• Remote-controlled garage with built-in laundry facilities
• Ample storage space throughout, including seasonal built-in cupboards
• Modern amenities such as CCTV cameras, video intercom, and day/night sensor-activated garden lighting

Separate Cottage
This charming first-floor cottage offers completely self-contained living with its own private entrance and a delightful veranda adorned with a hanging garden. Inside, a Jetmaster gas/coal fireplace warms the Oregon herringbone parquet floors, creating a cozy atmosphere in the open-plan living space.

The kitchen is fitted with a gas hob, electric oven, and dishwasher, making meal prep a breeze. The bedroom includes His and Hers built-in cupboards and cleverly designed storage container beds, while the bathroom features a walk-in shower.

Property Highlights

• Option 1: Purchase the entire heritage property, offering 6 bedrooms, 6 bathrooms, 2 pools, and 3 kitchens, with garage and carport
• Option 2: A 3-bedroom, 2-bathroom independent house with a pool and carport
• Option 3: A 2-bedroom, 3-bathroom house with a pool and garage, with the cottage as an additional independent living space

This versatile property provides an unparalleled opportunity to own a unique blend of old-world charm and contemporary luxury. Whether you’re looking to accommodate extended family, generate rental income, or simply enjoy a spacious and stylish home, this property has it all.

Don’t miss out on this extraordinary opportunity. Contact Gafsa today to arrange a viewing and explore the endless possibilities this property offers!

Features

6
6
1
Interior
Bedrooms
6
Bathrooms
6
Kitchens
3
Reception Rooms
3
Exterior
Garages
1
Carports / Parkings
1
Security
Yes
Pool
Yes
Sizes
Land Size
480m²
Extras
Built in Wardrobes • Built In Braai • Heated Pool • Inverter • Electric Fencing • Fireplace • Cooling Fans • Extractor Fan • Oven & Hob • Dishwasher Connection • Washing Machine Connection • Shower, Toilet and Basin • Bath, Toilet and Basin • Bidet • Gas Hob • electric Oven

Observatory, Cape Town

The city centre has become increasingly attractive as a hip residential area offering a world-class inner-city lifestyle unique in South Africa. Cradled between Table Mountain on one side and Table Bay on the other, Cape Town's city centre is home to a growing selection of luxury apartments , lofts and penthouses. Available to buy or rent, furnished or unfurnished, many of these are located in...
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Greeff Head Office Expansion
Greeff Christie's International Real Estate is expanding further into the Cape Town city bowl, growing their unique hands-on brand of professional service excellence to new markets. Despite the COVID19 pandemic, Greeff has...
 
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

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Expenses

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Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

100,728.57

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