Property
South Africa

4

Beds

3

Baths

3

Parking

268 m²

Floor area

Apartment 4 beds 3 baths 268 m²

About this property

Extremely spacious 268 sqm apartment with beautiful sea views. Open-plan living areas designed for comfort and entertaining leading onto expansive open balcony. Apartment features: 4 generous sized bedrooms, spacious main bedroom with large en-suite bathroom, separate guest suite with its own private entrance, 3 secure undercover parking bays, 1 storeroom, 24 hour manned security within a well maintained building, communal pool. The Odeon is an exclusive and highly sought-after apartment block offering luxury, space and unbeatable convenience, perfectly positioned close to beaches, shops, top restaurants and steps away from the Sea Point Promenade.

Rooms & layout

Bedroom × 4
Bathroom × 3
Lounge
Storeroom
Garage × 3

Features & amenities

Sea viewsOpen plan livingBalconyEn suite bathroomGuest suiteSecure parking24 hour securityCommunal poolLuxury apartment block

Price & ownership

Asking price R 17 100 000
Price per m² R 63 806
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 17,1M
Taxes + legal + admin fees R 1,9M

Rough split: 90.0% purchase price, 10.0% buying costs.

  • Asking price R 17 100 000
  • Transfer duty (est.) R 1 734 156
  • Deeds Office (transfer) R 7 751
  • Conveyancing (est., incl. VAT) R 148 127
  • Deeds lodgement R 52
  • Total indicative R 18 990 086

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 161 481 /month

Total paid over 20 years (deposit + repayments): R 40 465 320

Deposit 10% · R 1 710 000
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 15 390 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 17 100 000