From R2,600,000

The Paragon - Secure, residential estate ideally situated on Main Road in trendy Observatory. Urban living at new heights!

Affectionately known as "Obs", Observatory is an area that has always been popular with students, lecturers, medical students and doctors due to it's close proximity to many learning institutions as well as Groote Schuur Hospital.

This is what creates a high and consistent demand for rental accommodation.

141 One, two and three bedroom apartments tailored to modern living that provides unsurpassed investment opportunities with real rewards.

The Paragon offers an ideal investment for the passive investor.

All Units will be finished with contemporary, quality finishes, which include granite kitchen tops, high grade aluminium blinds throughout and a neutral pallet of fixtures to complete the look.

Security has been given high priority and includes around the clock guards monitoring CCTV surveillance. Entry to the building is controlled by biometric access and the site is encircled with electric fencing. 

  • True Convenience

Just 200 meters from the UCT Medical Campus, 600m from the Observatory Station and 2 km's from UCT's Upper Campus accessible via the Jammie Shuttle Station which is 300 meters away, The Paragon is perfectly placed.

  • Lucrative Tax Benefits

The Paragon also lies within the Cape Town Urban Development Zone. this means that investors will enjoy higher rental yields by benefitting from this tax incentive. Investors will be able to claim up to 55% of the purchase price as a taxable expense. 

  • Communal Facilities

Communal features include a modern rooftop pool with impressive views, braai facilities and a laundry as well as a common entertainment lounge.

A non-site gym with hi-tech exercise equipment completes the experience of living in style at The Paragon.

  • Each unit includes a secure parking space

For sale in this development

Plans

Browse through the available plans and choose your ideal design.

Plan Beds Baths Garages Price (From)
805 2 2 0
R3,371,500
805
More info
Plan Type:
Apartment
Plan Size:
72㎡

718 - 809 2 2 0
R3,212,000
718 - 809
More info
Plan Type:
Apartment
Plan Size:
72㎡

414 2 1 0
R2,600,000
414
More info
Plan Type:
Apartment
Plan Size:
58㎡

312 - 412 3 2 0
R3,382,000
312 - 412
More info
Plan Type:
Apartment
Plan Size:
88㎡

Units

Individual units or stands that are available for sale on this development

Price
R2,600,000 – R3,515,500
Sold
0
Available
6
View all units

Facilities

Fitness
  • On site gym
  • Rooftop pool
Security
  • Biometric access
  • 24-hour security guards
  • Site encircled with electric fencing
  • CCTV Surveillance
Social
  • Entertainment lounge
  • Braai facilities
Utilities
  • Laundry facilities

Location

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