Sale
South Africa

3

Beds

3

Baths

1

Parking

211 m²

Floor area

Apartment 3 beds 3 baths 211 m²

About this property

Offered on a Sole & Exclusive Mandate, this extraordinary three-level penthouse in Sea Point is one of Cape Town's most compelling high-altitude residences. Spanning 211 m² across three thoughtfully designed levels, the apartment blends contemporary architecture with panoramic vistas that take in the Atlantic Ocean, Lion's Head, and the slopes of Signal Hill.

The Mezzanine Entertainment Level is the undisputed showpiece: a private plunge pool set within a hardwood deck, an al fresco dining and bar area, and unobstructed 360-degree views stretching from the ocean horizon to the mountain skyline — a setting that is equally suited to sunset entertaining and lazy weekend mornings.

The Top Level is reserved entirely for the main suite, elevated high above the city with sweeping views through floor-to-ceiling glazing, delivering a true sense of living in the sky. The Lower Level houses two additional bedrooms and two beautifully finished bathrooms, providing a private retreat for family members or guests.

Finishes throughout reflect a considered, upmarket aesthetic in keeping with the penthouse's positioning. The property is sold fully furnished and turnkey-ready, having demonstrated exceptional short-term rental performance — making it both a dream primary residence and a high-yield investment asset.

Location credentials are equally strong. The iconic Sea Point Promenade is approximately 135 m away on foot, Checkers Sea Point Towers is roughly 187 m away for daily conveniences, and a variety of restaurants — including Luuma Restaurant and Hotel on the Promenade — are within metres of the front door. Piazza St John shopping is around 121 m away.

Rooms & layout

Bedroom × 3
Bathroom × 3
Lounge
Room × 2
Garage

Features & amenities

ocean viewsprivate pooldeckfurnishedturnkeyinvestment opportunityshort term rentalcoastal livingprivate rooftop poolhardwood deck

Price & ownership

Asking price R 16 700 000
Price per m² R 79 147
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 16,7M
Taxes + legal + admin fees R 1,8M

Rough split: 90.1% purchase price, 9.9% buying costs.

  • Asking price R 16 700 000
  • Transfer duty (est.) R 1 682 156
  • Deeds Office (transfer) R 7 751
  • Conveyancing (est., incl. VAT) R 145 753
  • Deeds lodgement R 52
  • Total indicative R 18 535 712

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 157 703 /month

Total paid over 20 years (deposit + repayments): R 39 518 763

Deposit 10% · R 1 670 000
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 15 030 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.