Sale
South Africa

1

Beds

1

Baths

1

Parking

50 m²

Floor area

Apartment 1 bed 1 bath 50 m²

About this property

A well-located, fully furnished one-bedroom apartment in the heart of Green Point presents an excellent buy-to-let investment opportunity, with a reliable tenant in place at R12,000 per month until 30 June 2027.

Recently renovated throughout, the approximately 50 m² apartment offers a spacious and practical open-plan layout where the kitchen, dining, and living areas flow together seamlessly.

The contemporary white kitchen is centred around a breakfast-bar island with a two-burner gas hob and built-in stainless-steel oven beneath. Appliances include a large Samsung stainless-steel fridge-freezer with water and ice dispenser, a Samsung microwave, and an electric kettle. Ample white cabinetry with brushed-metal handles is complemented by open floating shelves stocked with a matching grey cookware set. The classic black-and-white checkered tile floor adds timeless character to the kitchen zone, while the adjoining lounge transitions to warm parquet wood flooring.

The bright living area is furnished with a large beige upholstered sofa, white coffee table, flat-screen TV on a timber-and-white media unit, and wide windows framing leafy palm-tree views — creating a light-filled, inviting atmosphere. A tall built-in cupboard provides additional storage between the kitchen and lounge.

The bedroom is comfortably fitted with a queen-size bed, and the bathroom includes a bath, shower, basin, and toilet. Additional highlights include a single garage and on-street parking. The building is secure, and the unit is sold fully furnished and tenanted.

For everyday convenience, Green Point Park's East Gate is approximately 70 m away, KWIKSPAR Green Point is roughly 220 m, and Burnt Clubhouse Cape Town coffee shop is a short stroll at approximately 275 m. Rouge French Loungeroom and Restaurant is under 300 m away, and Reddam House Atlantic Seaboard school is within 400 m. The Cape Town city centre and the Atlantic Seaboard beachfront are both a short drive away.

Rooms & layout

Bedroom
Bathroom
Kitchen
Open-Plan Lounge/Dining Area
Garage

Features & amenities

investment propertytenant in placefully furnishedrenovatedopen plansecure buildingparkingcity viewskitchenisland cooktop

Price & ownership

Asking price R 3 100 000
Price per m² R 62 000
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 3,1M
Taxes + legal + admin fees R 173,5K

Rough split: 94.7% purchase price, 5.3% buying costs.

  • Asking price R 3 100 000
  • Transfer duty (est.) R 118 356
  • Deeds Office (transfer) R 2 694
  • Conveyancing (est., incl. VAT) R 52 385
  • Deeds lodgement R 52
  • Total indicative R 3 273 487

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 29 274 /month

Total paid over 20 years (deposit + repayments): R 7 335 818

Deposit 10% · R 310 000
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 2 790 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.