Sale
South Africa

1

Beds

1

Baths

44 m²

Floor area

Apartment 1 bed 1 bath 44 m²

About this property

Located in the heart of Cape Town, this modern, fully furnished studio apartment offers a sleek open-plan design that combines the bedroom, lounge, and kitchen into one functional living space. The contemporary kitchen features quality finishes, built-in appliances, and ample storage, while large windows and sliding doors bring in plenty of natural light and lead out to a private balcony with city views.

Perfectly suited for a lock-up-and-go lifestyle, the apartment is within walking distance of top restaurants, cafés, and business hubs, as well as the V&A Waterfront.

An excellent investment opportunity, this unit is ideal for short-term letting or long-term rental, offering strong demand and solid returns in a prime CBD location.

Key Features: • Airbnb Friendly • Communal Gym • 1 x Basement parking bay • 24/hr Security

Rooms & layout

Bedroom 1
Bathroom
Kitchen
Lounge

Features & amenities

BalconyCity ViewsFurnishedGymSecurityParkingAirbnb Friendly

Price & ownership

Asking price R 2 350 000
Price per m² R 53 409
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 2,4M
Taxes + legal + admin fees R 100,2K

Rough split: 95.9% purchase price, 4.1% buying costs.

  • Asking price R 2 350 000
  • Transfer duty (est.) R 55 200
  • Deeds Office (transfer) R 2 042
  • Conveyancing (est., incl. VAT) R 42 935
  • Deeds lodgement R 52
  • Total indicative R 2 450 229

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 22 192 /month

Total paid over 20 years (deposit + repayments): R 5 561 024

Deposit 10% · R 235 000
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 2 115 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.