Sale
South Africa

2

Beds

2

Baths

100 m²

Floor area

Apartment 2 beds 2 baths 100 m²

About this property

Stylish 2-bedroom, 2-bathroom apartment set within a modern, well-run multi-storey residential complex in the heart of De Waterkant — one of Cape Town's most vibrant and sought-after city neighbourhoods. Backdropped by Lion's Head and Signal Hill, the building's contemporary façade features full-height glazing, private balconies, and ground-floor retail, with a clearly visible rooftop pool terrace and blue-glass central atrium.

Interiors are presented in an open-plan living and dining configuration spanning approximately 100 m², finished with large-format porcelain tiles, recessed downlights, and a textured charcoal feature wall in the lounge. Floor-to-ceiling aluminium sliding doors open directly onto a furnished balcony, where a four-seater outdoor set enjoys elevated city and harbour views across the Cape Town CBD skyline. The living area accommodates a generous L-shaped sectional sofa, glass-top coffee table, flat-screen TV on a white media unit, and a pendant-lit dining table with a mix of moulded and ghost chairs — all included in the fully furnished sale.

Both bedrooms offer built-in cupboards, and the main bedroom is en-suite. The open-plan kitchen connects seamlessly to the lounge and dining space, ideal for entertaining. Two secure parking bays are included.

Building amenities include a swimming pool, 24-hour security, and professional complex management — underpinning strong short-term rental performance and consistent Airbnb demand. Cape Quarter Lifestyle Village (approx. 155 m) provides everyday convenience with a SPAR just around the corner, while an eclectic dining strip — including Izakaya Matsuri and Vasco da Gama Taverna — sits virtually on the doorstep. The V&A Waterfront and Cape Town CBD are both within easy reach, making this a standout lock-up-and-go investment or city pied-à-terre.

Rooms & layout

Bedroom × 2
Bathroom × 2
Kitchen
Open-plan Lounge / Living Area
Dining Area
Balcony
Room × 2

Features & amenities

harbour viewsswimming poolsecurityfully furnishedopen plan kitchenen suitebuilt in cupboardssecure parkingprofessionally managedcity skyline views

Price & ownership

Asking price R 5 500 000
Price per m² R 55 000
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 5,5M
Taxes + legal + admin fees R 466,5K

Rough split: 92.2% purchase price, 7.8% buying costs.

  • Asking price R 5 500 000
  • Transfer duty (est.) R 382 356
  • Deeds Office (transfer) R 4 780
  • Conveyancing (est., incl. VAT) R 79 293
  • Deeds lodgement R 52
  • Total indicative R 5 966 481

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 51 938 /month

Total paid over 20 years (deposit + repayments): R 13 015 161

Deposit 10% · R 550 000
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 4 950 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.