Property
South Africa

2

Beds

2

Baths

75 m²

Floor area

Apartment 2 beds 2 baths 75 m²

About this property

No transfer duty applies on this stylish 75 m² two-bedroom, two-bathroom apartment in The Winchester — a contemporary multi-storey residential development set in the heart of Observatory, Cape Town.

The open-plan living and dining area is generously proportioned, fitted with warm wood-look laminate flooring and large sliding glass doors that lead directly onto a balcony offering sweeping views across the suburb and beyond. The kitchen is fully fitted with gloss-finish cabinetry in grey and white tones, a stone-look countertop island/breakfast bar, induction hob, under-counter oven, and stainless-steel sink — plumbed for two appliances. Both bedrooms feature built-in cupboards and sliding doors or windows opening to natural light; the main bedroom has direct balcony access.

The Winchester offers 24-hour secure access with intercom entry to each unit, a communal pool deck, and a gymnasium. One secure parking bay is included.

The building is superbly positioned in Observatory's vibrant Lower Main Road precinct — steps from UrbanTikka, Kind Regards, and a cluster of independent cafés and restaurants, with a KWIKSPAR (±85 m), Station Road Park (±65 m), Arnold Street Dog Park (±136 m), and Observatory Station (±252 m) all within easy reach. UCT Medical Centre is roughly 316 m away.

Rooms & layout

Bedroom × 2
Bathroom × 2
Kitchen
Lounge / Dining
Balcony
Parking Bay

Features & amenities

Secure livingPool deckGymBalconyFloor to ceiling windowsOpen planBuilt in cupboards24 hour securityIntercom accessCity views

Price & ownership

Asking price R 3 700 000
Price per m² R 49 333
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 3,7M
Taxes + legal + admin fees R 63,2K

Rough split: 98.3% purchase price, 1.7% buying costs.

  • Asking price R 3 700 000
  • Deeds Office (transfer) R 3 215
  • Conveyancing (est., incl. VAT) R 59 945
  • Deeds lodgement R 52
  • Total indicative R 3 763 212

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 34 940 /month

Total paid over 20 years (deposit + repayments): R 8 755 654

Deposit 10% · R 370 000
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 3 330 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 3 700 000