Property
South Africa

1

Beds

1

Baths

1

Parking

45 m²

Floor area

Apartment 1 bed 1 bath 45 m²

About this property

Gorgeous loft apartment in the well-managed Sutton Place complex, nestled in the heart of Oranjezicht, Cape Town. Available for the first time since the complex was built in 2003, this light-filled upper-floor apartment has a registered floor area of 45 m² yet feels considerably larger thanks to its dramatic double-volume vaulted ceiling — clearly visible in the lounge.

The open-plan kitchen and living area opens via a sliding door onto a Juliet balcony, framing uninterrupted views of Lion's Head and a glimpse of Table Mountain to the left. Sunrises over the city bowl and evening city-light displays are a daily highlight. The bedroom is situated on the upper level and is generously proportioned, with a full wall of built-in cupboards and enough space for a home-office desk.

Various improvements add practical value: built-in cupboards and a washing-machine connection under the staircase, a new stove, a ceiling fan in the bedroom, and a back-up 8 kW inverter/battery system for uninterrupted power. The electric flow-through geyser is housed in the bathroom near the entrance.

Sutton Place is widely regarded as one of the best-managed complexes in Cape Town — meticulous maintenance, 24-hour security, dedicated ground staff, numerous visitor parking bays, and a communal swimming pool, all at low levies (R1 889 pm; rates approx. R728 pm).

Currently tenanted at R16 500 pm (lease until 31 July 2026), making this an immediately income-generating investment. Steps from Ou Meul Oranjezicht restaurant (~106 m) and La Floria coffee shop (~166 m), with De Waal Park yoga sessions (~365 m away), multiple MyCiTi bus stops within 200 m, and easy access to the city via Philip Kgosana Drive.

Rooms & layout

Bedroom 1
Bathroom
Kitchen
Lounge
Parking
Garage

Features & amenities

SecurityCommunal poolInverter batteryCity viewsMountain viewsBalconyDouble volume vaulted ceilingLion's head viewTable mountain viewCity lights view

Price & ownership

Asking price R 2 750 000
Price per m² R 61 111
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 2,8M
Taxes + legal + admin fees R 137,6K

Rough split: 95.2% purchase price, 4.8% buying costs.

  • Asking price R 2 750 000
  • Transfer duty (est.) R 87 200
  • Deeds Office (transfer) R 2 390
  • Conveyancing (est., incl. VAT) R 47 975
  • Deeds lodgement R 52
  • Total indicative R 2 887 617

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 25 969 /month

Total paid over 20 years (deposit + repayments): R 6 507 581

Deposit 10% · R 275 000
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 2 475 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 2 750 000