Property
South Africa

2

Beds

1

Baths

1

Parking

84 m²

Floor area

Commercial 2 beds 1 bath 84 m²

About this property

Step into one of Cape Town's most iconic lifestyle buildings. This sleek two-bedroom apartment is set within WEX 1, a development by Signatura and Indigo Properties, celebrated for its award-winning industrial-chic design by Vivid Architects.

Just a short walk from the Kelly John Gough Gallery and minutes from the city centre, this unit combines smart layout with premium finishes: vinyl timber floors, soundproof windows, and an open-plan living space that flows effortlessly to a 12m² private balcony.

The imported German kitchen is fitted with SMEG appliances, bringing functionality and flair to everyday living. Two spacious bedrooms, a modern bathroom with a walk-in shower, and ample storage complete the offering.

As part of the vibrant WEX 1 community, residents enjoy access to a rooftop pool, gym, Wi-Fi, and secure on-site parking — all within a design-led building known for its lifestyle appeal and excellent rental potential.

Rooms & layout

Bedroom × 2
Bathroom
Kitchen
Lounge
Garage

Features & amenities

Rooftop poolGymSecure parkingBalconyModern bathroomWalk in showerSMEG appliancesSoundproof windowsTimber floorsOpen plan living

Price & ownership

Asking price R 2 750 000
Price per m² R 32 738
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