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R1,295,000 | 0.5 Bedroom Apartment For Sale in Observatory

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R1,295,000

A10 Five Howe, 5 Howe, Observatory, Cape Town

Monthly Bond Repayment R14,034
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Levy
R1,376
Monthly Rates
R701

Dual-zoned loft style apartment for sale in unique, safe Five Howe building, Observatory

Five Howe presents a unique opportunity in Observatory, offering a dual-zoned/mixed-use building in a prime location. Situated amidst vibrant restaurants and near the forthcoming Amazon building, it caters to those seeking a dynamic urban lifestyle.

This loft-type, spacious unit, spanning 62 square meters, retains its industrial chic appeal, reflecting its former factory heritage. With high ceilings in the lounge area, it provides an airy and expansive atmosphere, ideal for relaxation or creativity. The floors are screeded with cement which adds to neutral, indsustial feel.

Possibilty of creating a mezzanine floor to create a private space for a loft bedroom or private office

Currently tenanted on a month to month basis, this unit offers flexibility for investors or future occupants. In addition to its captivating features, it includes the convenience of one secure parking bay.

Take advantage of this exceptional opportunity to embrace urban living with character. Rates are R701, and levies are R1,376. Experience the unique blend of history and modernity at Five Howe.

Please note that the selling price of R1.295m includes VAT and therefore NO TRANSFER DUTY is payable.

Please email Melissa and Chelsea to view and make this yours!

Features

0.5
1
Pets Allowed
Yes
Interior
Bedrooms
0.5
Bathrooms
1
Kitchen
1
Reception Rooms
2
Furnished
No
Exterior
Security
Yes
Parkings
1
Pool
No
Sizes
Floor Size
62m²
Land Size
62m²
Extras 24 Hour Access; Basin
1
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