Sale
South Africa

2

Beds

3

Baths

122 m²

Floor area

Apartment 2 beds 3 baths 122 m²

About this property

Penthouse living at its finest in the heart of Cape Town's CBD — welcome to The Rubik, an iconic address at the corner of Loop Street and Riebeek Street where cosmopolitan urban life meets world-class architecture.

This exceptional duplex penthouse spans three levels across 122 m² of internal living space, complemented by a private balcony, a courtyard, and an exclusive rooftop terrace.

Level 1 delivers a light-filled, open-plan kitchen and living area finished with large-format tile flooring, designer cabinetry with warm timber accents and under-cabinet LED lighting, and floor-to-ceiling glass doors that open onto a private balcony with magnificent Table Mountain views.

Level 2 houses the main bedroom with a luxurious en-suite bathroom (bath and shower) and commanding Table Mountain vistas, plus a second bedroom with its own en-suite shower bathroom and access to a private courtyard garden.

Level 3 is the crowning feature — a private rooftop terrace with an exclusive braai/barbecue area delivering sweeping, unobstructed views of Devil's Peak, Table Mountain, Lion's Head, and Table Bay.

Residents of The Rubik also enjoy a spectacular shared rooftop entertainment deck featuring a tiled lap/plunge pool, a landscaped garden terrace with timber pergola, and a covered bar-counter seating area, all framed by panoramic Atlantic Ocean, harbour, Signal Hill, and Lion's Head views.

Additional highlights include 24-hour concierge and security services, and two secure basement parking bays. The apartment is fully Airbnb- and short-term letting-friendly, making it an exceptional investment proposition in one of Cape Town's highest-demand precincts.

The location is second to none: Nice Café at Church House is barely 56 m away, The Company's Garden is approximately 140 m on foot, and the broader CBD neighbourhood puts fine dining, galleries, the V&A Waterfront, and the cable car to Table Mountain all within easy reach. The price includes VAT.

Rooms & layout

Open-plan kitchen / living / dining
Bedroom × 2
Bathroom × 3
Private balcony (Level 1)
Private courtyard (Level 2)
Room × 2

Features & amenities

rooftop infinity poolrooftop entertainment areaprivate rooftop terraceprivate balconyprivate courtyard gardenpanoramic sea viewtable mountain viewlion's head viewdevil's peak viewharbour view

Price & ownership

Asking price R 10 400 000
Price per m² R 85 246
Municipal valuation -

Cost to buy (indicative)

This listing is marked as a VAT-vendor sale. The price is treated as VAT-inclusive; transfer duty does not apply. Registration and conveyancing fees still apply.

Upfront split

Property price R 10,4M
Taxes + legal + admin fees R 116,2K

Rough split: 98.9% purchase price, 1.1% buying costs.

  • Asking price R 10 400 000
  • Deeds Office (transfer) R 7 751
  • Conveyancing (est., incl. VAT) R 108 369
  • Deeds lodgement R 52
  • Total indicative R 10 516 172

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 98 210 /month

Total paid over 20 years (deposit + repayments): R 24 610 487

Deposit 10% · R 1 040 000
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 9 360 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.