Property
South Africa

1

Beds

1

Baths

1

Parking

65 m²

Floor area

109 m²

Stand size

Apartment 1 bed 1 bath 65 m²

About this property

Situated in the brand-new Old Cape Quarter development in the heart of De Waterkant, this stylish apartment (Unit 201) offers 65 m² of superbly finished internal living space plus a generous 44 m² timber-decked balcony — 109 m² in total. The unit faces Dixon Street, enjoying views towards the colourful village houses of De Waterkant and Signal Hill with a sunny aspect.

Interiors are finished to a premium standard throughout, featuring OGGIE engineered wood flooring, Miele appliances, double-glazed windows, and dedicated air-conditioning and heating units. The open-plan layout flows from a sleek U-shaped kitchen — fitted with dark matte cabinetry, gas hob, built-in oven, and glass splashback — through the dining area into a bright lounge. Sliding glass doors frame the cedar-lined entrance to the wraparound balcony, which is large enough to accommodate both an outdoor dining set and a separate lounge area, with lush greenery and hillside views as backdrop.

The development offers secure basement parking with direct building access, and notably has no load-shedding infrastructure. Short-term rentals are permitted, making this an attractive option for the investment buyer.

Old Cape Quarter places you steps from an eclectic dining scene — Izakaya Matsuri, Vasco da Gama Taverna, and Ala Turkish Restaurant are all within 70 m — and the Cape Quarter Lifestyle Village shopping mall is approximately 155 m away. The V&A Waterfront and Bree Street are a short walk, while beaches and golf courses are a brief drive.

No transfer duty is payable. A floor plan is available upon request. Priced from R8,175,000.

Rooms & layout

Bedroom 1
Bathroom
Open-plan lounge / dining
Kitchen
Balcony
Garage / secure parking

Features & amenities

Secure parkingBalconyViewsDouble glazingAir conditioningHeatingShort term rentals allowedNo load sheddingModern appliancesTimber deck

Price & ownership

Asking price R 7 800 000
Price per m² R 120 000
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 7,8M
Taxes + legal + admin fees R 735,1K

Rough split: 91.4% purchase price, 8.6% buying costs.

  • Asking price R 7 800 000
  • Transfer duty (est.) R 635 356
  • Deeds Office (transfer) R 6 778
  • Conveyancing (est., incl. VAT) R 92 941
  • Deeds lodgement R 52
  • Total indicative R 8 535 127

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 73 658 /month

Total paid over 20 years (deposit + repayments): R 18 457 865

Deposit 10% · R 780 000
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 7 020 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 7 800 000