Property
South Africa

2

Beds

2

Baths

116 m²

Floor area

Apartment 2 beds 2 baths 116 m²

About this property

This refined two-bedroom, two-bathroom apartment in the heart of Sea Point offers 116 m² of thoughtfully designed living space with a contemporary finish throughout. The open-plan kitchen and living area is the centrepiece of the home, featuring high-gloss white cabinetry with handleless doors, a large central island with a stone counter, integrated double ovens, an induction hob, and a grey glass splashback — all set on warm engineered oak flooring. Cove lighting runs the perimeter of both the kitchen and the lounge, lending a hotel-quality ambiance.

The spacious lounge flows seamlessly onto a private balcony through floor-to-ceiling sliding glass doors, offering a pleasant green outlook with a glimpse of the sea. The balcony is large enough for outdoor entertaining and extends the living space considerably. Three air-conditioning units ensure year-round comfort throughout the apartment.

Two well-proportioned bedrooms are complemented by two full bathrooms. Two secure, gated parking bays are included. The building is Airbnb-friendly, presenting an excellent short-term rental investment opportunity in one of Cape Town's most sought-after coastal suburbs.

The location is exceptional: the Sea Point Promenade is approximately 135 m away, Checkers Sea Point Towers is roughly 190 m from the door, and a cluster of restaurants — including Luuma Restaurant — are within easy walking distance, placing the best of Sea Point's vibrant café and dining culture right on your doorstep.

Rooms & layout

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

Features & amenities

Airbnb friendlyAir conditioningHardwood flooringIntegrated appliancesBalconySecure parkingGate securityAir conditioning (x3)Double ovenInduction hob

Price & ownership

Asking price R 8 300 000
Price per m² R 71 552
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 8,3M
Taxes + legal + admin fees R 793,5K

Rough split: 91.3% purchase price, 8.7% buying costs.

  • Asking price R 8 300 000
  • Transfer duty (est.) R 690 356
  • Deeds Office (transfer) R 7 213
  • Conveyancing (est., incl. VAT) R 95 908
  • Deeds lodgement R 52
  • Total indicative R 9 093 529

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 78 379 /month

Total paid over 20 years (deposit + repayments): R 19 641 062

Deposit 10% · R 830 000
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 7 470 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 8 300 000