Sale
South Africa

1

Beds

1

Baths

42 m²

Floor area

Apartment 1 bed 1 bath 42 m²

About this property

A seldom found, garden-facing studio apartment in St Martini Gardens that is listed as a Guest Favourite on Airbnb with a 4.9 rating.

St Martini Gardens was designed by Pius Pahl, the last architect to qualify at the renowned Bauhaus design academy in Germany. It is considered an iconic Bauhaus-style building. You would be owning a piece of history.

The light and bright apartment was renovated with characteristics of modern and Scandinavian interior styles. The complex has beautifully maintained gardens with lush trees and plants, a large sparkling blue pool, and 24-hour security – an oasis in the city.

Spacious living area with parquet flooring. This sun-kissed area leads out to a balcony with terrazzo flooring offering views over the lush garden and the domed roof of the Centre for the Book (opened in 1913).

The modern, minimalist, L-shaped kitchen features natural and contemporary materials grounded by distinctive terrazzo flooring and an island. Open wooden shelving adds warmth, complemented by black faucets, bar stools, and muted green accents.

Cozy bedroom with a modern bathroom featuring terrazzo tiles, minimalist black fittings, light wood vanity cabinet, and a rain shower-head. Modern custom-built wooden wardrobe and shelving unit separates the entry way and bedroom.

Vibrant urban location close to amenities – The Company's Garden, Iziko Museum, and Iziko Planetarium are directly across the road. Within walking distance to the Museum of Illusions, Labia Cinema, and Kloof Street.

Rooms & layout

Lounge
Kitchen
Bedroom
Bathroom
Balcony

Features & amenities

poolgardensecuritybalconyiconic architectureBauhausScandinavian designparquet flooringterrazzo flooring

Price & ownership

Asking price R 2 700 000
Price per m² R 64 286
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 2,7M
Taxes + legal + admin fees R 132,9K

Rough split: 95.3% purchase price, 4.7% buying costs.

  • Asking price R 2 700 000
  • Transfer duty (est.) R 83 200
  • Deeds Office (transfer) R 2 346
  • Conveyancing (est., incl. VAT) R 47 345
  • Deeds lodgement R 52
  • Total indicative R 2 832 943

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 25 497 /month

Total paid over 20 years (deposit + repayments): R 6 389 261

Deposit 10% · R 270 000
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 2 430 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.