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R3,995,000

Monthly Bond Repayment R42,603.86
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

3-Bedroom Penthouse In Observatory

Exclusive Listing | Asking Price: R3 995 000

Experience the pinnacle of modern urban living with this stunning 3-bedroom, 2-bathroom penthouse situated in the highly sought-after Madison Place Complex, Observatory. Perfectly combining luxury, comfort, and convenience, this exceptional home offers an unparalleled lifestyle in one of Cape Town's most vibrant neighbourhoods.

As you step inside, you are greeted by an open-plan living area flooded with natural light, leading to large sliding doors that reveal breathtaking, uninterrupted views of Lions Head. The seamless flow from the spacious lounge to the private balcony creates an ideal setting for entertaining or simply soaking in the scenic beauty.

Each of the three bedrooms is thoughtfully designed, featuring built-in air conditioning units for year-round comfort, as well as ample cupboard space. The master bedroom boasts its own en-suite bathroom, while the additional two bedrooms share a sleek, modern bathroom.

Madison Place is renowned for its high-end amenities, including 24-hour security, underground secure parking, and access to the complex’s state-of-the-art fitness centre. Whether you’re an investor looking for a prime property or a homeowner seeking an upscale lifestyle in the heart of Cape Town, this penthouse offers the perfect blend of luxury and convenience.

Don’t miss out on the opportunity to own this exceptional property—schedule your private viewing today!

"Elevate your property purchase or sale by unlocking more value through our exclusive Shared Value Brokering Program, 'Elevate.'

Buyers and sellers can benefit from up to a 75% discount* on professional fees associated with a sale, as well as preferential rates on a variety of other property-related services connected to the transaction.

Viewing by appointment.

Size: +/- 90sqm

Asking Price: R3 995 000

Features

3
2
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
90m²
Land Size
90m²

Observatory, Cape Town

Observatory is one of Cape Town's most Victorian-esque suburbs owing to its alternate, artistic and vintage feel to it all wrapped into one. The colourful homes, narrow streets and close proximity to cafes, restaurants and bars, make it a popular place to relocate. Observatory is also one of Cape Town's most appealing suburbs for young families and students who are studying at the University of Cape Town,...
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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%

Monthly Payment

42,603.86

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