Sale
South Africa

3

Beds

1

Baths

97 m²

Floor area

Apartment 3 beds 1 bath 97 m²

About this property

Situated in the heart of Bo-Kaap (Schotschekloof), this generously proportioned 97 m² apartment in Schotschekloof Flats offers a rare combination of size, character, and breathtaking views. Inside, the open-plan living and dining area is finished with warm tongue-and-groove wooden ceilings and rich parquet flooring, creating an inviting, characterful space filled with natural light. A large sliding door leads to a balcony from which both Table Mountain and the Cape Town city skyline are on full, uninterrupted display — a backdrop that few apartments at this price point can rival.

The well-proportioned layout accommodates three bedrooms and a bathroom, making it equally suited to a young family, a house-share, or a buy-to-let investor. The exterior of the block, typical of the area's heritage stock, carries the patina of its era and presents a value-add opportunity for renovation.

The location is unbeatable for city living: Schotsche Kloof Primary School is roughly 114 m away, the acclaimed Bo-Kaap Kombuis restaurant is around 150 m from your door, and the legendary Biesmiellah Restaurant — a Cape Malay dining institution — is approximately 225 m away. The Cape Town CBD, major arterials, and the vibrant Bo-Kaap Museum and Wale Street precinct are all within easy reach. Opportunities of this scale in one of Cape Town's most historically significant and sought-after neighbourhoods are genuinely rare.

Rooms & layout

Bedroom × 3
Bathroom
Living Room
Dining Area
Balcony

Features & amenities

viewstable mountain viewcity skyline viewparquet flooringwooden tongue and groove ceilingopen plan living diningbalconyheritage buildingvalue add / renovation potentialsliding glass door

Price & ownership

Asking price R 2 550 000
Price per m² R 26 289
Municipal valuation -

Cost to buy (indicative)

Purchase type is not confirmed below. Transfer duty is estimated for a standard resale (not a VAT-inclusive developer or vendor sale). Check with the agent.

Upfront split

Property price R 2,6M
Taxes + legal + admin fees R 118,9K

Rough split: 95.5% purchase price, 4.5% buying costs.

  • Asking price R 2 550 000
  • Transfer duty (est.) R 71 200
  • Deeds Office (transfer) R 2 216
  • Conveyancing (est., incl. VAT) R 45 455
  • Deeds lodgement R 52
  • Total indicative R 2 668 923

Estimates from SARS transfer duty tables, Deeds Office–style fees, and LSSA conveyancing guidelines. Not financial or legal advice — confirm with your attorney. Duty uses the higher of price or market value.

Table ref: sars_2025-04-01

Bond Calculator

R 24 080 /month

Total paid over 20 years (deposit + repayments): R 6 034 302

Deposit 10% · R 255 000
Loan term 20 years
5 yr 30 yr
Interest rate 11.25% p.a.
5% Prime ~11.25% 20%

Monthly repayment vs interest rate (deposit fixed at 10%)

Monthly repayment vs deposit percentage (rate fixed at 11.25%)

Indicative estimate only. Loan of R 2 295 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.