Sale
South Africa

1

Beds

1

Baths

Apartment 1 bed 1 bath

About this property

Situated in the iconic 66 Heerom building in the heart of Cape Town City Centre, this well-proportioned 1-bedroom apartment offers a compelling blend of urban convenience and natural splendour. The building's distinctive mid-century façade — characterised by arched brickwork detailing and a smart ground-floor canopy — signals its enduring presence in the CBD.

From the upper-floor windows, residents enjoy sweeping, unobstructed views of Table Mountain and Devil's Peak framed by clear blue skies — a rare daily privilege in central Cape Town. Internally, the apartment comprises a spacious open-plan living and study area, finished with tiled or laminate flooring and generous natural light through large aluminium-framed windows with roller blinds. The living room easily accommodates a lounge suite, desk workstation, and dining nook. The separate bedroom fits a double bed comfortably and includes a built-in double wardrobe. A full bathroom completes the layout.

The building operates 24-hour concierge security, and the complex is Airbnb-friendly, making this an attractive high-yield short-term letting investment or lock-up-and-go city pied-à-terre. The Company's Garden is approximately 140 m away, and the nearby Nice Café at Church House (±56 m) and the Waalburg building supermarket (±57 m) keep daily errands effortless. A bus stop is within 110 m. Rates and taxes: R550 pm. Levies: R2 200 pm.

Rooms & layout

Bedroom 1
Bathroom
Living / Study Area

Features & amenities

concierge securitycity viewstable mountain viewsairbnb friendlywalking distance to company gardensdevil's peak views24 hour concierge securityshort term rental investmentlaminate flooringbuilt in wardrobe

Price & ownership

Asking price R 1 700 000
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 1,7M
Taxes + legal + admin fees R 51K

Rough split: 97.1% purchase price, 2.9% buying costs.

  • Asking price R 1 700 000
  • Transfer duty (est.) R 15 786
  • Deeds Office (transfer) R 1 477
  • Conveyancing (est., incl. VAT) R 33 695
  • Deeds lodgement R 52
  • Total indicative R 1 751 010

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 16 054 /month

Total paid over 20 years (deposit + repayments): R 4 022 868

Deposit 10% · R 170 000
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 1 530 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.