Sale
South Africa

1

Beds

1

Baths

1

Parking

51 m²

Floor area

Apartment 1 bed 1 bath 51 m²

About this property

This stylish, fully furnished 51 m² ground-floor apartment sits in a well-managed, secure complex in the heart of Green Point — one of Cape Town's most sought-after urban neighbourhoods. The unit is a sectional title property offered as a genuine turnkey investment or owner-occupier opportunity, ready for immediate move-in or rental income from day one.

The open-plan living and kitchen area is bright and thoughtfully appointed, with light-toned laminate cabinetry, dark composite countertops, a breakfast bar with bar stools, and quality appliances including a stainless-steel fridge, electric stove and oven, microwave, and a washing machine. The lounge features generous cornicing, a pendant light fitting, a large sectional sofa, wall-mounted TV, and a decorative accent wall with a round mirror — all conveying a comfortable, contemporary feel.

The apartment includes one bedroom, one modern bathroom, and a private patio, as well as access to a shared braai area set within a beautifully landscaped, paved garden corridor adorned with bird-of-paradise plants, palms, and flowering shrubs.

The complex presents a classic three-storey rendered façade flanked by a secure perimeter wall and automated gated entrance, with a mountain backdrop visible from the street. Wi-Fi readiness and street parking add further convenience.

Just 72 m from the East Gate of Green Point Park and around 217 m from KWIKSPAR Green Point, everyday amenities are effortlessly at hand. A selection of restaurants and coffee shops — including Burnt Clubhouse and Rouge French Loungeroom — are within 300 m, while the V&A Waterfront, Cape Town Stadium, Sea Point Promenade, and Table Mountain are all within easy reach.

Rooms & layout

Bedroom 1
Bathroom
Kitchen
Lounge
Patio
Garage

Features & amenities

fully furnishedground floorsectional titleturnkeybraai areaparkingpatiosecure complexwi fi readyopen plan kitchen/living

Price & ownership

Asking price R 3 250 000
Price per m² R 63 725
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 3,3M
Taxes + legal + admin fees R 192K

Rough split: 94.4% purchase price, 5.6% buying costs.

  • Asking price R 3 250 000
  • Transfer duty (est.) R 134 856
  • Deeds Office (transfer) R 2 824
  • Conveyancing (est., incl. VAT) R 54 275
  • Deeds lodgement R 52
  • Total indicative R 3 442 007

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 30 691 /month

Total paid over 20 years (deposit + repayments): R 7 690 777

Deposit 10% · R 325 000
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 2 925 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.