Property
South Africa

1

Beds

1

Baths

47 m²

Floor area

Apartment 1 bed 1 bath 47 m²

About this property

This well-positioned one-bedroom apartment in Sea Point offers a comfortable and practical layout with genuine scope to personalise or update. Spanning 47 m², the open-plan lounge, dining area and kitchen flow seamlessly together, while the bedroom benefits from a private en suite bathroom.

The U-shaped kitchen is fitted with a combination of light wood upper and dark wood lower cabinetry, granite-effect countertops, a ceramic hob with under-counter oven, extractor fan, microwave, stainless steel fridge, and an integrated Bosch washing machine — practical inclusions for an owner-occupier or investor alike. Tiled flooring runs throughout the living areas, keeping the space easy to maintain.

Striking views of Lion's Head are a highlight, with the iconic peak clearly visible through the building's security railings from the living area. The well-established secure complex boasts a generously sized rooftop pool deck — a rare amenity at this price point — complete with a rectangular swimming pool, orange canvas sun loungers, potted aloe trees, and a white pergola-covered entertaining terrace offering open city views.

The apartment is AirBnB-friendly, making it an attractive short-term rental proposition in one of Cape Town's most sought-after coastal neighbourhoods. Luuma Restaurant is practically on the doorstep (±19 m), the Sea Point Promenade is just 135 m away, and Checkers Sea Point Towers supermarket is approximately 187 m from the door — placing everyday conveniences and leisure firmly within reach.

Monthly costs: Rates R1 192.88 | Levies R2 394.54.

Rooms & layout

Bedroom 1
Bathroom (en suite)
Open-plan Lounge / Dining Area
Kitchen

Features & amenities

ViewsAirbnb friendlySecure blockPoolRooftop poolMountain viewOpen plan livingLounge areaOutdoor entertainingGranite countertops

Price & ownership

Asking price R 2 550 000
Price per m² R 54 255
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 2,6M
Taxes + legal + admin fees R 118,9K

Rough split: 95.5% purchase price, 4.5% buying costs.

  • Asking price R 2 550 000
  • Transfer duty (est.) R 71 200
  • Deeds Office (transfer) R 2 216
  • Conveyancing (est., incl. VAT) R 45 455
  • Deeds lodgement R 52
  • Total indicative R 2 668 923

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 24 080 /month

Total paid over 20 years (deposit + repayments): R 6 034 302

Deposit 10% · R 255 000
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 2 295 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 2 550 000