Sale
South Africa

2

Beds

2

Baths

430 m²

Floor area

Apartment 2 beds 2 baths 430 m²

About this property

This landmark 430 m² double-volume industrial loft in Gardens, Cape Town, is a rare offering — a vast, flowing single level where living, dining and cooking coexist without walls or interruption. Raw concrete columns soar to exposed ceiling soffits, while polished screed floors reflect the light that pours through full-height black steel-framed glazing. Table Mountain frames the view from almost every angle.

The open-plan layout is anchored by a substantial modular lounge zone and a beautifully crafted kitchen-and-dining area featuring a large timber island, integrated appliances, a dramatic pendant light above the dining table, and a bank of steel-framed warehouse windows. A bespoke floor-to-ceiling joinery wall — fitted with shelving, cabinetry, and a media unit — provides a warm oak counterpoint to the industrial bones, while a colourful slatted timber screen divides zones with artful flair.

Full-height sliding glass doors dissolve the boundary between interior and exterior, opening onto a private turf terrace with space for sun loungers, planters, and bold sculptural pieces. Mountain and City Bowl panoramas extend the sense of limitless space outdoors. The terrace configuration comfortably seats 20+ for long dinners, braais, or a DJ setup.

Located in the heart of Gardens on Kloof Street, the loft sits steps from a vibrant cluster of restaurants — including Carne Kloof and Judd's Local within approximately 130 m — and a MyCiTi bus stop virtually at the door. Hoërskool Jan van Riebeeck and Kloof Street Park are both within 250 m. An outstanding live-work-entertain residence, and a compelling short-term rental opportunity.

Rooms & layout

Bedroom × 2
Bathroom × 2
Living room × 2
Dining room
Kitchen
Terrace

Features & amenities

industrial loftdouble volumetable mountain viewspolished concreteglass doorsterraceentertainment spacebraaiopen planraw concrete

Price & ownership

Asking price R 18 900 000
Price per m² R 43 953
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 18,9M
Taxes + legal + admin fees R 2,1M

Rough split: 89.9% purchase price, 10.1% buying costs.

  • Asking price R 18 900 000
  • Transfer duty (est.) R 1 968 156
  • Deeds Office (transfer) R 7 751
  • Conveyancing (est., incl. VAT) R 158 808
  • Deeds lodgement R 52
  • Total indicative R 21 034 767

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 178 478 /month

Total paid over 20 years (deposit + repayments): R 44 724 828

Deposit 10% · R 1 890 000
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 17 010 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.