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R19,500 pm

Lease Period
12 months
Availability
01 Jan 2026

Spacious Two-Bedroom Apartment with Loft at The Factory

Welcome to this stylish two-bedroom apartment, perfectly located in the ever-popular The Factory building in Observatory. Offering modern finishes and a versatile layout, this home is ideal for young professionals, students, or anyone seeking a vibrant lifestyle in a sought-after location.

The apartment features an open-plan kitchen with granite countertops and plenty of built-in cupboards, seamlessly flowing into the living area with a charming Juliette balcony. Both bedrooms are well-sized and fitted with built-in cupboards, while the loft-style third room above the living area offers flexibility as an additional bedroom, home office, or creative space. A neat bathroom is conveniently shared between the bedrooms, completing this comfortable layout.

Additional perks include fiber readiness, 24-hour security, and a secure basement parking bay. With 62 m² of living space, a modern open-plan design, and excellent security, this apartment offers the perfect blend of comfort, convenience, and urban living.

- The deposit required is equal to 2x the rental amount
- Applicants need to earn 3x (gross) the rental amount to qualify
- Once off lease fee of R1250
- Foreigners must have a valid passport and work visa

Features

2
1
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
2
Studies
1
Exterior
Carports / Parkings
1
Security
Yes
Pool
Yes
Sizes
Floor Size
62m²

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

 

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