Sale
South Africa

1

Beds

1

Baths

1

Parking

45 m²

Floor area

Apartment 1 bed 1 bath 45 m²

About this property

Gorgeous loft apartment in the well-managed Sutton Place complex, nestled in the heart of Oranjezicht, Cape Town. Available for the first time since the complex was built in 2003, this light-filled upper-floor apartment has a registered floor area of 45 m² yet feels considerably larger thanks to its dramatic double-volume vaulted ceiling — clearly visible in the lounge.

The open-plan kitchen and living area opens via a sliding door onto a Juliet balcony, framing uninterrupted views of Lion's Head and a glimpse of Table Mountain to the left. Sunrises over the city bowl and evening city-light displays are a daily highlight. The bedroom is situated on the upper level and is generously proportioned, with a full wall of built-in cupboards and enough space for a home-office desk.

Various improvements add practical value: built-in cupboards and a washing-machine connection under the staircase, a new stove, a ceiling fan in the bedroom, and a back-up 8 kW inverter/battery system for uninterrupted power. The electric flow-through geyser is housed in the bathroom near the entrance.

Sutton Place is widely regarded as one of the best-managed complexes in Cape Town — meticulous maintenance, 24-hour security, dedicated ground staff, numerous visitor parking bays, and a communal swimming pool, all at low levies (R1 889 pm; rates approx. R728 pm).

Currently tenanted at R16 500 pm (lease until 31 July 2026), making this an immediately income-generating investment. Steps from Ou Meul Oranjezicht restaurant (~106 m) and La Floria coffee shop (~166 m), with De Waal Park yoga sessions (~365 m away), multiple MyCiTi bus stops within 200 m, and easy access to the city via Philip Kgosana Drive.

Rooms & layout

Bedroom 1
Bathroom
Kitchen
Lounge
Parking
Garage

Features & amenities

securitycommunal poolinverter batterycity viewsmountain viewsbalconydouble volume vaulted ceilinglion's head viewtable mountain viewcity lights view

Price & ownership

Asking price R 2 700 000
Price per m² R 60 000
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 2,7M
Taxes + legal + admin fees R 132,9K

Rough split: 95.3% purchase price, 4.7% buying costs.

  • Asking price R 2 700 000
  • Transfer duty (est.) R 83 200
  • Deeds Office (transfer) R 2 346
  • Conveyancing (est., incl. VAT) R 47 345
  • Deeds lodgement R 52
  • Total indicative R 2 832 943

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 25 497 /month

Total paid over 20 years (deposit + repayments): R 6 389 261

Deposit 10% · R 270 000
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 2 430 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.