Sale
South Africa

2

Beds

2

Baths

1

Parking

203 m²

Floor area

Apartment 2 beds 2 baths 203 m²

About this property

Perched at the coveted top corner of a sought-after Sea Point block, this extraordinary 203 m² apartment commands uninterrupted, panoramic Atlantic Ocean views from its wrap-around living spaces. The generous open-plan lounge and dining area are defined by a sweeping curved bay of white-framed windows that frame the horizon on every side, flooding the interior with natural light and sea breezes. Rich dark-timber parquet flooring runs throughout, providing a warm counterpoint to crisp white walls adorned with vibrant artwork and African sculpture.

The expansive living zone opens onto both an open and an enclosed wraparound balcony — an entertainer's stage set against one of Cape Town's most spectacular seascapes, where golden sunrises and soft evening Atlantic breezes become part of everyday life. Built-in bookshelves and a dedicated dining area with pendant lighting and a large dining table seat six to eight guests in comfort.

Two serene bedrooms provide quiet retreat, served by two well-appointed bathrooms. The separate kitchen offers the possibility of conversion to a third bedroom for added flexibility. An automated double garage, outstanding building security, and a full-time concierge ensure effortless lock-up-and-go living.

Steps from the Sea Point Promenade (≈135 m), Checkers supermarket (≈190 m), and a cluster of neighbourhood restaurants including Luuma Restaurant (≈19 m) and Hotel on the Promenade (≈28 m), this is a rare opportunity to secure a spacious, character-filled beachfront sanctuary on the vibrant Atlantic Seaboard.

Rooms & layout

Bedroom × 2
Bathroom × 2
Kitchen
Lounge
Dining Room
Wraparound Balcony (open & enclosed)
Double Garage

Features & amenities

ocean viewsbalconyautomated garagesecurityconciergebeachfrontwraparound balconyopen balconyenclosed balconydark parquet flooring

Price & ownership

Asking price R 12 400 000
Price per m² R 61 084
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 12,4M
Taxes + legal + admin fees R 1,3M

Rough split: 90.7% purchase price, 9.3% buying costs.

  • Asking price R 12 400 000
  • Transfer duty (est.) R 1 141 356
  • Deeds Office (transfer) R 7 751
  • Conveyancing (est., incl. VAT) R 120 237
  • Deeds lodgement R 52
  • Total indicative R 13 669 396

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 117 097 /month

Total paid over 20 years (deposit + repayments): R 29 343 273

Deposit 10% · R 1 240 000
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 11 160 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.