Property
South Africa

1

Beds

1

Baths

1

Parking

50 m²

Floor area

Apartment 1 bed 1 bath 50 m²

About this property

A well-located, fully furnished one-bedroom apartment in the heart of Green Point presents an excellent buy-to-let investment opportunity, with a reliable tenant in place at R12,000 per month until 30 June 2027.

Recently renovated throughout, the approximately 50 m² apartment offers a spacious and practical open-plan layout where the kitchen, dining, and living areas flow together seamlessly.

The contemporary white kitchen is centred around a breakfast-bar island with a two-burner gas hob and built-in stainless-steel oven beneath. Appliances include a large Samsung stainless-steel fridge-freezer with water and ice dispenser, a Samsung microwave, and an electric kettle. Ample white cabinetry with brushed-metal handles is complemented by open floating shelves stocked with a matching grey cookware set. The classic black-and-white checkered tile floor adds timeless character to the kitchen zone, while the adjoining lounge transitions to warm parquet wood flooring.

The bright living area is furnished with a large beige upholstered sofa, white coffee table, flat-screen TV on a timber-and-white media unit, and wide windows framing leafy palm-tree views — creating a light-filled, inviting atmosphere. A tall built-in cupboard provides additional storage between the kitchen and lounge.

The bedroom is comfortably fitted with a queen-size bed, and the bathroom includes a bath, shower, basin, and toilet. Additional highlights include a single garage and on-street parking. The building is secure, and the unit is sold fully furnished and tenanted.

For everyday convenience, Green Point Park's East Gate is approximately 70 m away, KWIKSPAR Green Point is roughly 220 m, and Burnt Clubhouse Cape Town coffee shop is a short stroll at approximately 275 m. Rouge French Loungeroom and Restaurant is under 300 m away, and Reddam House Atlantic Seaboard school is within 400 m. The Cape Town city centre and the Atlantic Seaboard beachfront are both a short drive away.

Rooms & layout

Bedroom
Bathroom
Kitchen
Open-Plan Lounge/Dining Area
Garage

Features & amenities

Investment propertyTenant in placeFully furnishedRenovatedOpen planSecure buildingParkingCity viewsKitchenIsland cooktop

Price & ownership

Asking price R 2 950 000
Price per m² R 59 000
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.

R 2 950 000