Property
South Africa

2

Beds

2

Baths

2

Parking

139 m²

Floor area

Apartment 2 beds 2 baths 139 m²

About this property

SOLE MANDATE — Priced at R19,550,000 (Plus VAT)

Positioned in the heart of the V&A Marina, this exceptional two-bedroom, fully en-suite apartment is a rare offering of refined luxury and contemporary design. Both bedrooms enjoy tranquil canal-facing aspects, delivering light, calm, and an unmistakable sense of waterfront serenity.

The apartment has undergone a complete, state-of-the-art renovation, finished to the highest international standards with meticulous attention to detail. Clean architectural lines, premium materials and a seamless indoor-outdoor flow define every room. The expansive open-plan living and dining area is anchored by a bespoke sculptural pendant light and dressed with designer artwork, while a fluted-panel kitchen divider elegantly separates the entertaining zone from the chef's kitchen. Warm walnut-finish cabinetry, white Corian-style countertops, a full stainless-steel extractor canopy and integrated appliances make the kitchen as functional as it is striking.

The generous lounge features floor-to-ceiling glazed sliding doors that open onto a private terrace — ideal for alfresco entertaining with the marina as your constant backdrop. Cove-lit tray ceilings, large-format porcelain tiles and curated African-inspired artwork complete an interior of exceptional refinement.

Two secure basement parking bays and adjacent storerooms add everyday convenience to this turnkey, design-led residence.

Steps from vida e caffè and the Clock Tower Retail Centre, and within 250 m of the V&A Waterfront's world-class dining, retail, and the nearby Elite Yachting Academy marina — this is Cape Town's premier waterfront address for the truly discerning buyer.

Rooms & layout

Bedroom × 2
Bathroom × 2
Open-plan Lounge / Dining
Kitchen
Terrace
Storeroom
Garage × 2

Features & amenities

Marina viewsCanal facingOpen plan loungePrivate terraceSecure parkingRenovatedLuxuryOpen plan livingFloor to ceiling glazingDesigner finishes

Price & ownership

Asking price R 20 700 000
Price per m² R 148 921
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 20,7M
Taxes + legal + admin fees R 177,3K

Rough split: 99.2% purchase price, 0.8% buying costs.

  • Asking price R 20 700 000
  • Deeds Office (transfer) R 7 751
  • Conveyancing (est., incl. VAT) R 169 489
  • Deeds lodgement R 52
  • Total indicative R 20 877 292

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 195 476 /month

Total paid over 20 years (deposit + repayments): R 48 984 335

Deposit 10% · R 2 070 000
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 18 630 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 20 700 000