Property
South Africa

3

Beds

1

Baths

97 m²

Floor area

Apartment 3 beds 1 bath 97 m²

About this property

Situated in the heart of Bo-Kaap (Schotschekloof), this generously proportioned 97 m² apartment in Schotschekloof Flats offers a rare combination of size, character, and breathtaking views. Inside, the open-plan living and dining area is finished with warm tongue-and-groove wooden ceilings and rich parquet flooring, creating an inviting, characterful space filled with natural light. A large sliding door leads to a balcony from which both Table Mountain and the Cape Town city skyline are on full, uninterrupted display — a backdrop that few apartments at this price point can rival.

The well-proportioned layout accommodates three bedrooms and a bathroom, making it equally suited to a young family, a house-share, or a buy-to-let investor. The exterior of the block, typical of the area's heritage stock, carries the patina of its era and presents a value-add opportunity for renovation.

The location is unbeatable for city living: Schotsche Kloof Primary School is roughly 114 m away, the acclaimed Bo-Kaap Kombuis restaurant is around 150 m from your door, and the legendary Biesmiellah Restaurant — a Cape Malay dining institution — is approximately 225 m away. The Cape Town CBD, major arterials, and the vibrant Bo-Kaap Museum and Wale Street precinct are all within easy reach. Opportunities of this scale in one of Cape Town's most historically significant and sought-after neighbourhoods are genuinely rare.

Rooms & layout

Bedroom × 3
Bathroom
Living Room
Dining Area
Balcony

Features & amenities

ViewsTable mountain viewCity skyline viewParquet flooringWooden tongue and groove ceilingOpen plan living diningBalconyHeritage buildingValue add / renovation potentialSliding glass door

Price & ownership

Asking price R 2 800 000
Price per m² R 28 866
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 142,3K

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

  • Asking price R 2 800 000
  • Transfer duty (est.) R 91 200
  • Deeds Office (transfer) R 2 433
  • Conveyancing (est., incl. VAT) R 48 605
  • Deeds lodgement R 52
  • Total indicative R 2 942 290

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 26 441 /month

Total paid over 20 years (deposit + repayments): R 6 625 900

Deposit 10% · R 280 000
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 2 520 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 2 800 000