South Africa, Western Cape, Observatory

Prime investment opportunity in The Paragon

Tenant in place till January 2027 and rental income of R17 600.00 pm.

Positioned in the highly sought-after The Paragon, this modern two-bedroom, one-bathroom apartment presents an excellent opportunity for investors seeking strong value in a central location.

The apartment features a well-designed open-plan kitchen and living area that flows onto a private balcony, maximising natural light and creating an appealing, functional living space. Both bedrooms are well-proportioned with built-in cupboards, while the contemporary bathroom is thoughtfully positioned for convenience.

The Paragon offers 24-hour security, secure access control, and designated parking — key features include a pool, entertainment area and gym, that enhance tenant demand and long-term investment appeal. Its prime location in Observatory places residents within close proximity to popular cafés, retail amenities, public transport links, and major routes, ensuring consistent rental interest.

A high-demand location combined with secure, low-maintenance living makes this a smart addition to any property portfolio.