69ce48ac2090fd5ed22ceef8
South Africa

1

Beds

1

Baths

24 m²

Floor area

Apartment 1 bed 1 bath 24 m²

About this property

1 ON ALBERT – A Smart Investment in Cape Town

Units priced from R1,185,500 to R2,700,000

No Transfer Duty. Transfer fees and bond fees will payable.

Studio and 2-bedroom apartments available.

Secure your place in one of Cape Town's most dynamic and high-demand locations. 1 ON ALBERT presents an exceptional investment opportunity in the heart of the city centre—consistently attracting both local and international buyers.

Designed for modern urban living, this development appeals to professionals, executives, and short-term tenants, ensuring strong rental yields and ongoing demand.

Key Features:

  • Sold fully furnished (excluding linen)
  • Prime central location with views of the mountain, harbour, and city skyline
  • Excellent security with controlled access
  • Stylish, contemporary finishes throughout
  • Lifestyle amenities including a clubhouse, swimming pool, and outdoor gym
  • Fibre-ready connectivity and lift access
  • Secure basement parking available (limited) R200,000 per parking
  • Balcony included in unit size 24 m²

Perfectly positioned near leading restaurants, cultural hotspots, and MyCiTi bus routes, 1 ON ALBERT offers both lifestyle convenience and solid investment potential. Short term and long term letting allowed with great returns.

Rooms & layout

Bedroom 1
Bathroom

Features & amenities

FurnishedSwimming poolGymSecurityBalconyCity viewsFibre readyLift accessClubhouse

Price & ownership

Asking price R 1 200 000
Price per m² R 50 000
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 1,2M
Taxes + legal + admin fees R 26,4K

Rough split: 97.8% purchase price, 2.2% buying costs.

  • Asking price R 1 200 000
  • Deeds Office (transfer) R 1 043
  • Conveyancing (est., incl. VAT) R 25 300
  • Deeds lodgement R 52
  • Total indicative R 1 226 395

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 11 332 /month

Total paid over 20 years (deposit + repayments): R 2 839 672

Deposit 10% · R 120 000
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 1 080 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.