Sale
South Africa

3

Beds

3

Baths

3

Parking

268 m²

Floor area

Apartment 4 beds 3 baths 268 m²

About this property

Extremely spacious 268 sqm apartment with beautiful sea views. Open-plan living areas designed for comfort and entertaining leading onto expansive open balcony. Apartment features: 4 generous sized bedrooms, spacious main bedroom with large en-suite bathroom, separate guest suite with its own private entrance, 3 secure undercover parking bays, 1 storeroom, 24 hour manned security within a well maintained building, communal pool. The Odeon is an exclusive and highly sought-after apartment block offering luxury, space and unbeatable convenience, perfectly positioned close to beaches, shops, top restaurants and steps away from the Sea Point Promenade.

Rooms & layout

Bedroom × 4
Bathroom × 3
Lounge
Storeroom
Garage × 3

Features & amenities

Sea viewsOpen plan livingBalconyEn suite bathroomGuest suiteSecure parking24 hour securityCommunal poolLuxury apartment block

Price & ownership

Asking price R 17 900 000
Price per m² R 66 791
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 17,9M
Taxes + legal + admin fees R 2M

Rough split: 90.0% purchase price, 10.0% buying costs.

  • Asking price R 17 900 000
  • Transfer duty (est.) R 1 838 156
  • Deeds Office (transfer) R 7 751
  • Conveyancing (est., incl. VAT) R 152 874
  • Deeds lodgement R 52
  • Total indicative R 19 898 833

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 169 035 /month

Total paid over 20 years (deposit + repayments): R 42 358 435

Deposit 10% · R 1 790 000
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 16 110 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.