Sale
South Africa

1

Beds

1

Baths

1

Parking

65 m²

Floor area

109 m²

Stand size

Apartment 1 bed 1 bath 65 m²

About this property

Situated in the brand-new Old Cape Quarter development in the heart of De Waterkant, this stylish apartment (Unit 201) offers 65 m² of superbly finished internal living space plus a generous 44 m² timber-decked balcony — 109 m² in total. The unit faces Dixon Street, enjoying views towards the colourful village houses of De Waterkant and Signal Hill with a sunny aspect.

Interiors are finished to a premium standard throughout, featuring OGGIE engineered wood flooring, Miele appliances, double-glazed windows, and dedicated air-conditioning and heating units. The open-plan layout flows from a sleek U-shaped kitchen — fitted with dark matte cabinetry, gas hob, built-in oven, and glass splashback — through the dining area into a bright lounge. Sliding glass doors frame the cedar-lined entrance to the wraparound balcony, which is large enough to accommodate both an outdoor dining set and a separate lounge area, with lush greenery and hillside views as backdrop.

The development offers secure basement parking with direct building access, and notably has no load-shedding infrastructure. Short-term rentals are permitted, making this an attractive option for the investment buyer.

Old Cape Quarter places you steps from an eclectic dining scene — Izakaya Matsuri, Vasco da Gama Taverna, and Ala Turkish Restaurant are all within 70 m — and the Cape Quarter Lifestyle Village shopping mall is approximately 155 m away. The V&A Waterfront and Bree Street are a short walk, while beaches and golf courses are a brief drive.

No transfer duty is payable. A floor plan is available upon request. Priced from R8,175,000.

Rooms & layout

Bedroom 1
Bathroom
Open-plan lounge / dining
Kitchen
Balcony
Garage / secure parking

Features & amenities

secure parkingbalconyviewsdouble glazingair conditioningheatingshort term rentals allowedno load sheddingmodern appliancestimber deck

Price & ownership

Asking price R 8 300 000
Price per m² R 127 692
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 8,3M
Taxes + legal + admin fees R 793,5K

Rough split: 91.3% purchase price, 8.7% buying costs.

  • Asking price R 8 300 000
  • Transfer duty (est.) R 690 356
  • Deeds Office (transfer) R 7 213
  • Conveyancing (est., incl. VAT) R 95 908
  • Deeds lodgement R 52
  • Total indicative R 9 093 529

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 78 379 /month

Total paid over 20 years (deposit + repayments): R 19 641 062

Deposit 10% · R 830 000
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 7 470 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.