2
Beds
2
Baths
123 m²
Floor area
About this property
Presented by Team Sierra & Tyson Properties, this exceptional 123 m² apartment in the heart of De Waterkant — one of Cape Town's most cosmopolitan and sought-after neighbourhoods — is a rare, turn-key opportunity that combines luxury living with strong investment potential.
The open-plan living, dining, and kitchen area is anchored by impressive exposed-concrete coffered ceilings, wide-plank light-oak flooring, and floor-to-ceiling sliding glass doors that frame spectacular north-west-facing views over the De Waterkant roofscape toward Signal Hill. The generous living zone is styled with premium Weylandts furnishings — oversized L-shaped sectional sofa, velvet accent chairs, and designer coffee tables — and is sold fully furnished exactly as seen.
The contemporary kitchen features dark graphite cabinetry, integrated appliances including a microwave and stainless-steel oven/hob, plumbing for all appliances plus a dryer, and opens directly to the dining area with its glass-top table and rattan chairs. A large private balcony with serviced external sliding shutters and a timber deck extends the living space outdoors, complete with an al fresco dining set.
The apartment offers 2 bedrooms, including a main en-suite bathroom, plus a separate second bathroom, and is equipped with split-system air conditioning. The building provides concierge service, 24-hour security, and 2 underground open parking bays. Short-term letting (Airbnb) is permitted and the building is pet friendly subject to body corporate approval. The apartment has never been rented out, making it a pristine, immediately lettable asset just steps from world-class coffee roasteries, boutique restaurants, and vibrant city life.
Rooms & layout
Features & amenities
Price & ownership
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
Rough split: 91.4% purchase price, 8.6% buying costs.
- Asking price R 7 900 000
- Transfer duty (est.) R 646 356
- Deeds Office (transfer) R 6 865
- Conveyancing (est., incl. VAT) R 93 534
- Deeds lodgement R 52
- Total indicative R 8 646 807
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
Total paid over 20 years (deposit + repayments): R 18 694 505
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 7 110 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.