Sale
South Africa

2

Beds

2

Baths

75 m²

Floor area

Apartment 2 beds 2 baths 75 m²

About this property

No transfer duty applies on this stylish 75 m² two-bedroom, two-bathroom apartment in The Winchester — a contemporary multi-storey residential development set in the heart of Observatory, Cape Town.

The open-plan living and dining area is generously proportioned, fitted with warm wood-look laminate flooring and large sliding glass doors that lead directly onto a balcony offering sweeping views across the suburb and beyond. The kitchen is fully fitted with gloss-finish cabinetry in grey and white tones, a stone-look countertop island/breakfast bar, induction hob, under-counter oven, and stainless-steel sink — plumbed for two appliances. Both bedrooms feature built-in cupboards and sliding doors or windows opening to natural light; the main bedroom has direct balcony access.

The Winchester offers 24-hour secure access with intercom entry to each unit, a communal pool deck, and a gymnasium. One secure parking bay is included.

The building is superbly positioned in Observatory's vibrant Lower Main Road precinct — steps from UrbanTikka, Kind Regards, and a cluster of independent cafés and restaurants, with a KWIKSPAR (±85 m), Station Road Park (±65 m), Arnold Street Dog Park (±136 m), and Observatory Station (±252 m) all within easy reach. UCT Medical Centre is roughly 316 m away.

Rooms & layout

Bedroom × 2
Bathroom × 2
Kitchen
Lounge / Dining
Balcony
Parking Bay

Features & amenities

secure livingpool deckgymbalconyfloor to ceiling windowsopen planbuilt in cupboards24 hour securityintercom accesscity views

Price & ownership

Asking price R 3 550 000
Price per m² R 47 333
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 3,6M
Taxes + legal + admin fees R 61,2K

Rough split: 98.3% purchase price, 1.7% buying costs.

  • Asking price R 3 550 000
  • Deeds Office (transfer) R 3 085
  • Conveyancing (est., incl. VAT) R 58 055
  • Deeds lodgement R 52
  • Total indicative R 3 611 192

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 33 524 /month

Total paid over 20 years (deposit + repayments): R 8 400 695

Deposit 10% · R 355 000
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 3 195 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.