Sale
South Africa

2

Beds

1

Baths

1

Parking

84 m²

Floor area

Commercial 2 beds 1 bath 84 m²

About this property

Step into one of Cape Town's most iconic lifestyle buildings. This sleek two-bedroom apartment is set within WEX 1, a development by Signatura and Indigo Properties, celebrated for its award-winning industrial-chic design by Vivid Architects.

Just a short walk from the Kelly John Gough Gallery and minutes from the city centre, this unit combines smart layout with premium finishes: vinyl timber floors, soundproof windows, and an open-plan living space that flows effortlessly to a 12m² private balcony.

The imported German kitchen is fitted with SMEG appliances, bringing functionality and flair to everyday living. Two spacious bedrooms, a modern bathroom with a walk-in shower, and ample storage complete the offering.

As part of the vibrant WEX 1 community, residents enjoy access to a rooftop pool, gym, Wi-Fi, and secure on-site parking — all within a design-led building known for its lifestyle appeal and excellent rental potential.

Rooms & layout

Bedroom × 2
Bathroom
Kitchen
Lounge
Garage

Features & amenities

rooftop poolgymsecure parkingbalconymodern bathroomwalk-in showerSMEG appliancessoundproof windowstimber floorsopen-plan living

Price & ownership

Asking price R 2 800 000
Price per m² R 33 333
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 2,8M
Taxes + legal + admin fees R 142,3K

Rough split: 95.2% purchase price, 4.8% buying costs.

  • Asking price R 2 800 000
  • Transfer duty (est.) R 91 200
  • Deeds Office (transfer) R 2 433
  • Conveyancing (est., incl. VAT) R 48 605
  • Deeds lodgement R 52
  • Total indicative R 2 942 290

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 26 441 /month

Total paid over 20 years (deposit + repayments): R 6 625 900

Deposit 10% · R 280 000
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 2 520 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.