We are excited to present this fantastic investment and development opportunity located in the heart of Observatory. The total land size is 593sqm, and there is a well-maintained 2-bedroom cottage occupying approximately 140sqm of the land.
The cottage has undergone a beautiful renovation. It features 2 double bedrooms with built-in cupboards, a bathroom with a shower, W/C, and wash basin, and an open-plan layout encompassing the living room, dining room, and kitchen. The kitchen is equipped with a built-in oven and stove, as well as plumbing for a dishwasher and washing machine. Additionally, there are stacker doors leading from the kitchen to a small courtyard at the back of the cottage.
The remaining portion of the land, a large panhandle of approximately 350sqm, presents exciting development opportunities.
Observatory, also known as Obs by the locals, is a mere few minutes away from Cape Town city centre. Observatory residents are an eclectic mix of academics, professionals, students, bohemian artists and young starter families.
The suburb is named after the Royal Observatory which was founded in 1820, and is still operational and open to the public for tours. Its central location allows easy access to all...
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