Property
South Africa

2

Beds

1

Baths

1

Parking

75 m²

Floor area

Apartment 2 beds 1 bath 75 m²

About this property

Positioned in the vibrant Gardens neighbourhood of Cape Town, this impeccably finished 75 m² two-bedroom, one-bathroom apartment delivers an exceptional urban lifestyle with all the modern comforts you could wish for.

The open-plan living, dining, and kitchen space is anchored by warm Oggie engineered-oak flooring, track lighting, and a crittall-style internal glazed partition that adds an industrial-chic character to the layout. The kitchen is fitted with handleless grey cabinetry, a marble-effect ceramic splashback, white stone countertops, a built-in Smeg-brand oven, an integrated induction hob, a built-in microwave, a full-height integrated fridge-freezer, and a washing machine — all fully equipped and ready to use. The dining area accommodates a solid-wood table with designer ghost chairs, while the lounge is framed by sliding glass doors that open onto a private courtyard with a jacuzzi — your own tranquil retreat after a long day.

The apartment is offered fully furnished and includes curated local artwork. Residents enjoy access to a rooftop communal swimming pool and braai facility, perfect for entertaining guests in the Cape Town sunshine. Practical amenities include secure underground parking, a private waterproof storage facility, and 24-hour security.

Noted for its Airbnb-friendly complex rules, this property presents a compelling investment opportunity with strong short-term rental returns. Steps from the restaurant and café buzz of Kloof Street — with Kitchen Chefs, Carne Kloof, and Mirepoix all within 135 m — and Kloof Street Park just 230 m away, the location is second to none for walkable inner-city living.

Rooms & layout

Bedroom × 2
Bathroom
Kitchen
Open-plan lounge / dining
Private courtyard
Underground garage

Features & amenities

Table mountain viewsFurnishedPrivate jacuzziRooftopSwimming poolBraaiUnderground parkingStorage facility24 hour securityAirbnb friendly

Price & ownership

Asking price R 5 600 000
Price per m² R 74 667
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 5,6M
Taxes + legal + admin fees R 478,2K

Rough split: 92.1% purchase price, 7.9% buying costs.

  • Asking price R 5 600 000
  • Transfer duty (est.) R 393 356
  • Deeds Office (transfer) R 4 866
  • Conveyancing (est., incl. VAT) R 79 886
  • Deeds lodgement R 52
  • Total indicative R 6 078 160

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 52 883 /month

Total paid over 20 years (deposit + repayments): R 13 251 801

Deposit 10% · R 560 000
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 5 040 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 5 600 000