Property
South Africa

2

Beds

3

Baths

122 m²

Floor area

Apartment 2 beds 3 baths 122 m²

About this property

Penthouse living at its finest in the heart of Cape Town's CBD — welcome to The Rubik, an iconic address at the corner of Loop Street and Riebeek Street where cosmopolitan urban life meets world-class architecture.

This exceptional duplex penthouse spans three levels across 122 m² of internal living space, complemented by a private balcony, a courtyard, and an exclusive rooftop terrace.

Level 1 delivers a light-filled, open-plan kitchen and living area finished with large-format tile flooring, designer cabinetry with warm timber accents and under-cabinet LED lighting, and floor-to-ceiling glass doors that open onto a private balcony with magnificent Table Mountain views.

Level 2 houses the main bedroom with a luxurious en-suite bathroom (bath and shower) and commanding Table Mountain vistas, plus a second bedroom with its own en-suite shower bathroom and access to a private courtyard garden.

Level 3 is the crowning feature — a private rooftop terrace with an exclusive braai/barbecue area delivering sweeping, unobstructed views of Devil's Peak, Table Mountain, Lion's Head, and Table Bay.

Residents of The Rubik also enjoy a spectacular shared rooftop entertainment deck featuring a tiled lap/plunge pool, a landscaped garden terrace with timber pergola, and a covered bar-counter seating area, all framed by panoramic Atlantic Ocean, harbour, Signal Hill, and Lion's Head views.

Additional highlights include 24-hour concierge and security services, and two secure basement parking bays. The apartment is fully Airbnb- and short-term letting-friendly, making it an exceptional investment proposition in one of Cape Town's highest-demand precincts.

The location is second to none: Nice Café at Church House is barely 56 m away, The Company's Garden is approximately 140 m on foot, and the broader CBD neighbourhood puts fine dining, galleries, the V&A Waterfront, and the cable car to Table Mountain all within easy reach. The price includes VAT.

Rooms & layout

Open-plan kitchen / living / dining
Bedroom × 2
Bathroom × 3
Private balcony (Level 1)
Private courtyard (Level 2)
Room × 2

Features & amenities

Rooftop infinity poolRooftop entertainment areaPrivate rooftop terracePrivate balconyPrivate courtyard gardenPanoramic sea viewTable mountain viewLion's head viewDevil's peak viewHarbour view

Price & ownership

Asking price R 10 000 000
Price per m² R 81 967
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 10M
Taxes + legal + admin fees R 113,8K

Rough split: 98.9% purchase price, 1.1% buying costs.

  • Asking price R 10 000 000
  • Deeds Office (transfer) R 7 751
  • Conveyancing (est., incl. VAT) R 105 995
  • Deeds lodgement R 52
  • Total indicative R 10 113 798

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 94 433 /month

Total paid over 20 years (deposit + repayments): R 23 663 930

Deposit 10% · R 1 000 000
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 9 000 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 10 000 000