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R3,449,500

Monthly Bond Repayment R34,439.11
Calculated over 20 years at 10.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R4,810
Monthly Rates
R1,990

Corner Penthouse with Sweeping Views – The Westwood, Observatory

Short-term letting allowed.

Set high on the top floor of The Westwood, this 84 sqm corner penthouse apartment offers modern design, luxury finishes, and breathtaking views on two sides. Fully furnished and beautifully appointed, it combines generous living spaces with world-class facilities, making it the ideal blend of comfort, convenience, and investment value.

Inside, the apartment features two spacious bedrooms with built-in cupboards, and two bathrooms, one of which is en-suite. One of the bedrooms also enjoys direct balcony access. The open-plan kitchen, fitted with modern, quality finishes, flows seamlessly into the dining and living area. Here, two sets of sliding doors open onto the corner balcony, allowing natural light and fresh air to stream in and creating a wonderful cross-breeze throughout the home. A clever study nook in the hallway adds practicality for those working or studying from home. Beautiful laminate and tiled floors throughout enhance the sense of light and space.

The Westwood is renowned for its high-quality finishes, spacious common areas, and excellent security, which includes 24-hour controlled access, a state-of-the-art facial recognition system, and a friendly, professional on-site security team. This boutique development has a strong community atmosphere, making it both secure and welcoming. The rooftop entertainment deck elevates the experience further with a heated swimming pool, outdoor gym, braai facilities, and sweeping views that capture the very best of Cape Town living.

Perfectly positioned in Observatory, the apartment is just minutes from Groote Schuur Hospital, UCT, and the city’s bustling academic and creative hubs. With quick access to acclaimed restaurants, Cape Town International Airport, and the CBD, the location balances convenience with lifestyle.

Currently tenanted until 31 December 2025 at a rental of R23,100 per month, this property presents an attractive investment opportunity. The apartment offers both a secure income stream and/or a lock-up-and-go home in one of Cape Town’s most exciting suburbs.

Features

2
2
Pets Allowed
Yes
Interior
Bedrooms
2
Bathrooms
2
Kitchens
1
Reception Rooms
2
Studies
1
Exterior
Carports / Parkings
1
Security
Yes
Pool
Yes
Sizes
Floor Size
84m²

Observatory, Cape Town

Observatory Property Observatory Location Observatory is one of Cape Town's trendiest suburbs and is a hub of creativity, innovation, and inspiration. Heavily influenced by the student culture of the area, Obs (as it's referred to by locals) is youthful and bohemian to the core. Young professionals also flock to the area because it offers a unique lifestyle matched only by neighbouring Woodstock. The area...
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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:

Income

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
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Monthly Payment

34,439.11

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