Sale
South Africa

2

Beds

1

Baths

1

Parking

75 m²

Floor area

Apartment 2 beds 1 bath 75 m²

About this property

Positioned in the vibrant Gardens neighbourhood of Cape Town, this impeccably finished 75 m² two-bedroom, one-bathroom apartment delivers an exceptional urban lifestyle with all the modern comforts you could wish for.

The open-plan living, dining, and kitchen space is anchored by warm Oggie engineered-oak flooring, track lighting, and a crittall-style internal glazed partition that adds an industrial-chic character to the layout. The kitchen is fitted with handleless grey cabinetry, a marble-effect ceramic splashback, white stone countertops, a built-in Smeg-brand oven, an integrated induction hob, a built-in microwave, a full-height integrated fridge-freezer, and a washing machine — all fully equipped and ready to use. The dining area accommodates a solid-wood table with designer ghost chairs, while the lounge is framed by sliding glass doors that open onto a private courtyard with a jacuzzi — your own tranquil retreat after a long day.

The apartment is offered fully furnished and includes curated local artwork. Residents enjoy access to a rooftop communal swimming pool and braai facility, perfect for entertaining guests in the Cape Town sunshine. Practical amenities include secure underground parking, a private waterproof storage facility, and 24-hour security.

Noted for its Airbnb-friendly complex rules, this property presents a compelling investment opportunity with strong short-term rental returns. Steps from the restaurant and café buzz of Kloof Street — with Kitchen Chefs, Carne Kloof, and Mirepoix all within 135 m — and Kloof Street Park just 230 m away, the location is second to none for walkable inner-city living.

Rooms & layout

Bedroom × 2
Bathroom
Kitchen
Open-plan lounge / dining
Private courtyard
Underground garage

Features & amenities

table mountain viewsfurnishedprivate jacuzzirooftopswimming poolbraaiunderground parkingstorage facility24 hour securityairbnb friendly

Price & ownership

Asking price R 6 000 000
Price per m² R 80 000
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 6M
Taxes + legal + admin fees R 524,9K

Rough split: 92.0% purchase price, 8.0% buying costs.

  • Asking price R 6 000 000
  • Transfer duty (est.) R 437 356
  • Deeds Office (transfer) R 5 214
  • Conveyancing (est., incl. VAT) R 82 260
  • Deeds lodgement R 52
  • Total indicative R 6 524 882

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 56 660 /month

Total paid over 20 years (deposit + repayments): R 14 198 358

Deposit 10% · R 600 000
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 5 400 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.