Property
South Africa

5

Beds

5

Baths

370 m²

Floor area

615 m²

Stand size

Apartment 5 beds 5 baths 370 m²

About this property

Exceptional coastal living at the foot of Lion's Head

This brand-new five-bedroom penthouse in the heart of Green Point offers 370 m² of sophisticated living space with breathtaking Atlantic Seaboard views from virtually every room. Floor-to-ceiling glazing and seamless indoor-outdoor flow create an effortless entertaining experience.

The heart of the home

The open-plan kitchen, dining, and living area features a striking book-matched marble island, matte dark cabinetry with LED under-lighting, high-end integrated appliances, and herringbone oak flooring. Coffered ceilings with warm ambient lighting and a sculptural designer pendant complete this showpiece space.

Your private rooftop retreat

The 200 m² rooftop deck is a destination — complete with a private pool, fire pit lounge, built-in outdoor fireplace, pergola with louvred LED lighting, and multiple seating zones. Watch the mountain and ocean at dusk from your own sanctuary.

Bedrooms & location

All five bedrooms are en-suite with luxury finishes; the fifth includes a separate entrance, perfect for guests or au pair. Two double garages included. Walking distance to KWIKSPAR, cafés, and Sea Point's promenade.

Rooms & layout

Bedroom × 5
Bathroom × 5

Features & amenities

370Rooftop swimming poolOcean and mountain viewsOpen plan kitchen with marble island5 en suite bedrooms2 double garagesBuilt in outdoor fireplaceFire pit loungeLouvred pergola with LED lightingDesigner furnishings available

Price & ownership

Asking price R 40 200 000
Price per m² R 108 649
Municipal valuation -

Cost to buy (indicative)

This listing is marked as a VAT-vendor sale. The price is treated as VAT-inclusive; transfer duty does not apply. Registration and conveyancing fees still apply.

Upfront split

Property price R 40,2M
Taxes + legal + admin fees R 293K

Rough split: 99.3% purchase price, 0.7% buying costs.

  • Asking price R 40 200 000
  • Deeds Office (transfer) R 7 751
  • Conveyancing (est., incl. VAT) R 285 202
  • Deeds lodgement R 52
  • Total indicative R 40 493 005

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 379 621 /month

Total paid over 20 years (deposit + repayments): R 95 128 998

Deposit 10% · R 4 020 000
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 36 180 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 40 200 000