2
Beds
2
Baths
About this property
This well-presented 2-bedroom apartment is situated in a small, professionally managed block in the sought-after suburb of Mowbray, Cape Town. The building presents a multi-storey brick and rendered façade with Art Deco-influenced features, accessed via an automatic mesh security gate with off-street parking within a fully fenced perimeter.
Inside, the apartment impresses with high ceilings, generous natural light, and a spacious open-plan lounge, dining, and kitchen layout. The living area is finished with large-format white floor tiles and features stylish geometric wire pendant light fittings, crown moulding, and sliding aluminium-framed glass doors that open onto a private balcony. A wall-mounted TV point and separate dining nook with a table and four chairs complete the living space.
The kitchen is fitted with gloss high-line cabinetry, a light composite countertop, induction hob, under-counter oven, double stainless-steel sink with mixer tap, and an LG front-loader washing machine — all in a clean, contemporary finish. A full-size stainless-steel fridge/freezer is accommodated alongside.
Both bedrooms are generously proportioned, each with ensuite bathrooms and built-in cupboards. Beautiful parquet floors in the bedrooms complement the tiled living spaces.
Ideal as a buy-to-let investment, the apartment currently has long-term tenants in place, offering immediate rental income. The location is exceptional for student and professional rental demand: Central Technical College (CTC) is virtually on the doorstep at approximately 37 m away, Damelin (Liesbeek Parkway campus) is around 100 m away, and Eduvos Mowbray Campus is approximately 199 m away. Popular eateries — including The Fat Cactus Mowbray and B74 — are within 200 m, and Mowbray Station is approximately 314 m away for easy commuter access across the city.
Rooms & layout
Features & amenities
Price & ownership
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
Rough split: 97.3% purchase price, 2.7% buying costs.
- Asking price R 1 550 000
- Transfer duty (est.) R 10 200
- Deeds Office (transfer) R 1 347
- Conveyancing (est., incl. VAT) R 31 280
- Deeds lodgement R 52
- Total indicative R 1 592 879
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
Total paid over 20 years (deposit + repayments): R 3 667 909
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 1 395 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.