Sale
South Africa

2

Beds

2

Baths

73 m²

Floor area

Apartment 2 beds 2 baths 73 m²

About this property

Perched on the uppermost floor of a well-managed complex in sought-after Vredehoek, this west-facing penthouse apartment commands sweeping panoramic views that take in Lion's Head, Signal Hill, Table Mountain and its cableway, the Cape Town CBD, Robben Island, the ocean, and the DHL Stadium — a truly 360° spectacle enjoyed from every room.

At 73 m² the open-plan living and dining area is bright and airy, bathed in natural light through oversized aluminium-framed picture windows fitted with ceiling fans for year-round comfort. Laminate wood-effect flooring runs throughout the apartment, giving the interiors a warm, cohesive feel. The renovated kitchen features a built-in oven, hobs, extractor fan, generous counter space, and ample cupboards. Two well-proportioned bedrooms each have built-in cupboards; the main bedroom additionally benefits from a walk-in cupboard. A full bathroom with both shower and bath is complemented by a separate guest toilet.

Residents enjoy an impressive suite of communal facilities: a large swimming pool and children's pool with changing rooms, tennis and squash courts, a laundry room, and modern lifts. Security is comprehensive — 24-hour guards and CCTV cameras throughout. Undercover parking is included.

The building has direct access to Table Mountain hiking trails. Day-to-day convenience is well catered for: Ginsang café and Deer Park Café are within 300 m, Shift Espresso Bar is roughly 290 m away, and Herzlia High School and Herzlia Highlands Primary School are both under 250 m — making this an excellent lock-up-and-go for investors, professionals, or small families. Short-term letting (Airbnb) is permitted and cats are welcome with body-corporate approval.

Rooms & layout

Lounge / Dining (open plan)
Kitchen
Bedroom × 2
Bathroom
Guest Toilet
Undercover Parking

Features & amenities

panoramic viewsswimming poolchildren's pooltennis courtsquash courtsecuritycctvliftundercover parkingtable mountain access

Price & ownership

Asking price R 2 950 000
Price per m² R 40 411
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 3M
Taxes + legal + admin fees R 156,3K

Rough split: 95.0% purchase price, 5.0% buying costs.

  • Asking price R 2 950 000
  • Transfer duty (est.) R 103 200
  • Deeds Office (transfer) R 2 564
  • Conveyancing (est., incl. VAT) R 50 495
  • Deeds lodgement R 52
  • Total indicative R 3 106 311

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 27 858 /month

Total paid over 20 years (deposit + repayments): R 6 980 859

Deposit 10% · R 295 000
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 2 655 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.