Sale
South Africa

1

Beds

1

Baths

1

Parking

39 m²

Floor area

Apartment 1 bed 1 bath 39 m²

About this property

A stylish, fully-fitted studio suite on the 4th floor of The Quarter Home Suites — a contemporary, glass-clad residential building on the De Waterkant/Green Point border in Cape Town. Built approximately six years ago, the apartment offers a well-considered open-plan layout that accommodates a king-size bed alongside a generous living area, all finished in a calming sage-green and warm-timber palette with light oak-effect flooring throughout.

Floor-to-ceiling glazing and a sliding door open onto a large north-facing balcony — a valuable bonus space not counted in the registered 39 m² floor area — flooding the interior with natural light and city views. The fitted kitchenette includes a microwave and compact refrigerator, and the open lounge area features a flat-screen TV, dedicated work desk, sofa seating, and reverse-cycle air-conditioning. A built-in sliding-door wardrobe with internal drawer unit serves the sleeping zone.

The building provides excellent access control and security. Restaurants and amenities are literally at the doorstep: Izakaya Matsuri and Vasco da Gama Taverna are within 60 m, while the SPAR at Cape Quarter Lifestyle Village — a popular lifestyle shopping mall — is approximately 128–155 m away. MyCiTi bus stops on Alfred Street are under 115 m away, making car-free living very practicable.

The unit is Airbnb-compliant with correct short-term letting zoning in place, and carries no transfer duty (VAT included in the asking price, claimable subject to VAT Act compliance). An optional fully furnished and equipped package is available at R 50 000, enabling immediate letting income. Suitable as a lock-up-and-go pied-à-terre or a high-performing short-term rental investment in one of Cape Town's most sought-after urban precincts.

Rooms & layout

Bedroom 1 (open-plan king studio)
Bathroom
Kitchenette
Lounge / living area
North-facing balcony
Garage

Features & amenities

balconysecurityairbnb readyinvestment propertymodernkitchenettecity centrenorth facing balconyfloor to ceiling glazingair conditioning

Price & ownership

Asking price R 3 450 000
Price per m² R 88 462
Municipal valuation -

Cost to buy (indicative)

This listing is marked as a VAT-vendor sale. The price is treated as VAT-inclusive; transfer duty does not apply. Registration and conveyancing fees still apply.

Upfront split

Property price R 3,5M
Taxes + legal + admin fees R 59,8K

Rough split: 98.3% purchase price, 1.7% buying costs.

  • Asking price R 3 450 000
  • Deeds Office (transfer) R 2 998
  • Conveyancing (est., incl. VAT) R 56 795
  • Deeds lodgement R 52
  • Total indicative R 3 509 845

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 32 579 /month

Total paid over 20 years (deposit + repayments): R 8 164 056

Deposit 10% · R 345 000
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 3 105 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.