Sale
South Africa

2

Beds

1

Baths

27 m²

Floor area

Commercial 2 beds 1 bath 27 m²

About this property

Apartment in ELEVENONB, a new 16-floor development at 11 Buiten Street in Cape Town's Central Business District. Ready for completion in Q3 2027. This development features 151 thoughtfully designed apartments including commercial office space and retail outlets. Located within walking distance of Kloof, Bree and Long Streets, offering eateries, bars, art galleries, museums and historical monuments. The ground floor will enhance connectivity with a restored historic lane (Orphan Lane) and heritage façade (previously home to Madam Zingara). ELEVENONB is designed to foster connection and encourage a walkable, 15-minute city lifestyle.

Rooms & layout

Bedroom × 2
Bathroom

Features & amenities

city centreapartmentwalkable neighbourhoodnew developmentcommercial spaceretail outletsheritage restoration

Price & ownership

Asking price R 2 300 000
Price per m² R 85 185
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 2,3M
Taxes + legal + admin fees R 96,1K

Rough split: 96.0% purchase price, 4.0% buying costs.

  • Asking price R 2 300 000
  • Transfer duty (est.) R 51 786
  • Deeds Office (transfer) R 1 999
  • Conveyancing (est., incl. VAT) R 42 305
  • Deeds lodgement R 52
  • Total indicative R 2 396 142

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 21 720 /month

Total paid over 20 years (deposit + repayments): R 5 442 704

Deposit 10% · R 230 000
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 2 070 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.