Now listen! Observe this place (3,4)

I believe the answer is:

see here

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'now listen' is the definition.
I know nothing about this answer so I cannot tell whether this works.

'observe this place' is the wordplay.
'observe' becomes 'see' (I've seen this before).
'this place' becomes 'here' (I've seen this before).
'see'+'here'='SEE HERE'

Can you help me to learn more?

I've seen this clue in the Sydney Morning Herald.

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