Sale
South Africa

2

Beds

2

Baths

78 m²

Floor area

Apartment 2 beds 2 baths 78 m²

About this property

Situated in the heart of Cape Town's City Centre, this immaculate 78 m² two-bedroom, two-bathroom apartment in Piazza on Church Square offers a compelling lock-up-and-go investment with immediate income potential.

Sold fully furnished and equipped with quality Bosch appliances, the apartment is exceptionally well maintained and ready to operate as an Airbnb from day one — or retain the existing long-term tenant at a reported 9.8% gross yield.

The open-plan lounge and dining area is light-filled and stylishly appointed, with large aluminium-framed windows, large-format porcelain tile flooring, and a neutral palette throughout. The living space comfortably accommodates two grey sofas, a glass-top coffee table, and a four-seater dining set, while indoor plants and curated artwork give the space a welcoming character. A wall-mounted flat-screen television and timber media unit complete the living zone.

The galley-style kitchen features grey shaker cabinetry, granite-look countertops, white subway-tile splashbacks, and integrated appliances including a washing machine and microwave. Bar-height seating and track lighting add a contemporary feel.

Both bedrooms are well proportioned, served by modern bathrooms — one en-suite. Large windows bring in generous natural light, and partial Table Mountain views are visible from the lounge, with the iconic peak glimpsed through the upper windows.

The apartment includes one secure parking bay and access to premium shared facilities at The Adderley — including a pool and gym — a major drawcard for city-based investors. The building is super-secure and well managed.

The location is exceptionally walkable: Nice Café at Church House is approximately 56 m away, the historic Company's Garden park is roughly 140 m on foot, and the Waalburg building supermarket is just 57 m from the door — making this an effortlessly convenient city address.

Rooms & layout

Bedroom × 2
Bathroom × 2
Kitchen
Lounge / Dining
Parking Bay

Features & amenities

fully furnishedbosch appliancestable mountain viewspoolgymsecure buildingairbnb readyinvestment propertypartial table mountain viewspool access

Price & ownership

Asking price R 3 350 000
Price per m² R 42 949
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 3,4M
Taxes + legal + admin fees R 204,4K

Rough split: 94.3% purchase price, 5.7% buying costs.

  • Asking price R 3 350 000
  • Transfer duty (est.) R 145 856
  • Deeds Office (transfer) R 2 911
  • Conveyancing (est., incl. VAT) R 55 535
  • Deeds lodgement R 52
  • Total indicative R 3 554 354

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 31 635 /month

Total paid over 20 years (deposit + repayments): R 7 927 417

Deposit 10% · R 335 000
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 3 015 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.