Property
South Africa

2

Beds

2

Baths

100 m²

Floor area

Apartment 2 beds 2 baths 100 m²

About this property

Stylish 2-bedroom, 2-bathroom apartment set within a modern, well-run multi-storey residential complex in the heart of De Waterkant — one of Cape Town's most vibrant and sought-after city neighbourhoods. Backdropped by Lion's Head and Signal Hill, the building's contemporary façade features full-height glazing, private balconies, and ground-floor retail, with a clearly visible rooftop pool terrace and blue-glass central atrium.

Interiors are presented in an open-plan living and dining configuration spanning approximately 100 m², finished with large-format porcelain tiles, recessed downlights, and a textured charcoal feature wall in the lounge. Floor-to-ceiling aluminium sliding doors open directly onto a furnished balcony, where a four-seater outdoor set enjoys elevated city and harbour views across the Cape Town CBD skyline. The living area accommodates a generous L-shaped sectional sofa, glass-top coffee table, flat-screen TV on a white media unit, and a pendant-lit dining table with a mix of moulded and ghost chairs — all included in the fully furnished sale.

Both bedrooms offer built-in cupboards, and the main bedroom is en-suite. The open-plan kitchen connects seamlessly to the lounge and dining space, ideal for entertaining. Two secure parking bays are included.

Building amenities include a swimming pool, 24-hour security, and professional complex management — underpinning strong short-term rental performance and consistent Airbnb demand. Cape Quarter Lifestyle Village (approx. 155 m) provides everyday convenience with a SPAR just around the corner, while an eclectic dining strip — including Izakaya Matsuri and Vasco da Gama Taverna — sits virtually on the doorstep. The V&A Waterfront and Cape Town CBD are both within easy reach, making this a standout lock-up-and-go investment or city pied-à-terre.

Rooms & layout

Bedroom × 2
Bathroom × 2
Kitchen
Open-plan Lounge / Living Area
Dining Area
Balcony
Room × 2

Features & amenities

Harbour viewsSwimming poolSecurityFully furnishedOpen plan kitchenEn suiteBuilt in cupboardsSecure parkingProfessionally managedCity skyline views

Price & ownership

Asking price R 4 800 000
Price per m² R 48 000
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 4,8M
Taxes + legal + admin fees R 383,4K

Rough split: 92.6% purchase price, 7.4% buying costs.

  • Asking price R 4 800 000
  • Transfer duty (est.) R 305 356
  • Deeds Office (transfer) R 4 171
  • Conveyancing (est., incl. VAT) R 73 805
  • Deeds lodgement R 52
  • Total indicative R 5 183 384

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 45 328 /month

Total paid over 20 years (deposit + repayments): R 11 358 686

Deposit 10% · R 480 000
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 4 320 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 4 800 000