Sale
South Africa

2

Beds

2

Baths

2

Parking

98 m²

Floor area

Apartment 2 beds 2 baths 98 m²

About this property

Exclusive Sole Mandate. Positioned within one of De Waterkant's most sought-after contemporary blocks, this north-easterly facing apartment delivers refined urban living across a generous 98 m² floor plan. The building is distinguished by excellent security, controlled access and professional management — and carries short-term rental approval, making it equally compelling as a permanent city residence or high-performing Airbnb investment.

Inside, the open-plan lounge and dining area is bright and airy, flowing seamlessly onto a spacious balcony that frames views stretching toward Table Bay and the Foreshore — a striking backdrop whether you're enjoying morning coffee or evening sundowners. The kitchen is well-appointed with dark mahogany-finish cabinetry, granite countertops, a breakfast island, stainless-steel oven and hob, extractor fan and a dishwasher, offering both functionality and entertaining appeal.

The apartment offers two comfortable bedrooms and two bathrooms, with the main bedroom benefiting from an en-suite bathroom and air conditioning. Two secure underground parking bays and a separate storeroom complete the practical offering. Residents enjoy access to a communal indoor pool and a fully equipped gym within the building.

De Waterkant is celebrated for its village atmosphere, colourful heritage architecture, designer boutiques and an exceptional dining scene — with Izakaya Matsuri, Vasco da Gama Taverna and Wild Bean Café all within a 75-metre stroll, and the Cape Quarter Lifestyle Village just 155 m away. The V&A Waterfront, Green Point and Sea Point are minutes away, while quick access to the N1, N2 and Cape Town International Airport makes connectivity effortless. A rare opportunity to secure a well-positioned, lifestyle-rich apartment in the heart of Cape Town.

Rooms & layout

Bedroom × 2
Bathroom × 2
Kitchen
Lounge
Dining Room
Balcony
Storeroom
Garage × 2

Features & amenities

poolgymsecurityair conditioningparkingbalconysea viewsmodern kitchenairbnb friendlycommunal pool

Price & ownership

Asking price R 4 750 000
Price per m² R 48 469
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 4,8M
Taxes + legal + admin fees R 377,2K

Rough split: 92.6% purchase price, 7.4% buying costs.

  • Asking price R 4 750 000
  • Transfer duty (est.) R 299 856
  • Deeds Office (transfer) R 4 128
  • Conveyancing (est., incl. VAT) R 73 175
  • Deeds lodgement R 52
  • Total indicative R 5 127 211

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 44 856 /month

Total paid over 20 years (deposit + repayments): R 11 240 367

Deposit 10% · R 475 000
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 4 275 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.