Apartment for sale

R 1 900 000

Tokai , Cape Town , Western Cape

Beds

Baths

Parking

66 m²

Floor area

Apartment 1 bed 1 bath 66 m²

About this property

This well-located, north-facing loft apartment offers a practical, low-maintenance lifestyle with excellent investment potential.

The apartment is neat and well maintained, featuring a recently renovated kitchen that brings a fresh, contemporary feel to the space. The loft-style layout maximises usable living area, while the light-filled living space opens onto a covered balcony, enjoying lovely views towards the Constantiaberg mountains and ample natural light throughout the day.

Situated within a secure apartment building, the unit further benefits from two parking bays and a separate storeroom, adding convenience and long-term value. Its central location ensures easy access to Main Road and Tokai Road, with Blue Route Mall, local amenities and the Retreat train station all close by, making it particularly attractive to tenants and commuters.

An appealing lock-up-and-go apartment offering reliable rental potential and enduring value in a consistently popular and well-connected area.

Rooms & layout

Bedroom 1

Bathroom

Kitchen

Lounge

Garage × 2

Features & amenities

BalconySecure buildingParkingStoreroomMountain viewsRenovated kitchenLoft style

Price & ownership

Asking price R 1 900 000

Price per m² R 28 788

Municipal valuation -

Cost to buy (indicative)

Including bond costs

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 1,9M

Taxes + legal + admin fees R 66,4K

Rough split: 96.6% purchase price, 3.4% buying costs.

Asking price R 1 900 000
Transfer duty (est.) R 27 786
Deeds Office (transfer) R 1 651
Conveyancing (est., incl. VAT) R 36 915
Deeds lodgement R 52
Total indicative R 1 966 404

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 17 942 /month

Total paid over 20 years (deposit + repayments): R 4 496 147

Deposit 10% · R 190 000

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 1 710 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.