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R 7 350 000

2 Bedroom Apartment / Flat for Sale in Sea Point

Sea Point, Cape Town

Contact agent for street address

2
2
2
101 m²

NO TRANSFER DUTY

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Bella Fulford - Team Gullan

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A Landmark in the Making, a Home Worth the Wait!

The Magnolia offers a rare opportunity to invest in a stunning seaside sanctuary, located in the heart of Sea Point. With its unique blend of coastal calm and urban convenience, this development promises to be a landmark address for both residents and investors. Set against the backdrop of Cape Town’s vibrant cityscape and breathtaking Atlantic Seaboard

ALL YOU NEED TO KNOW:

High up on the 5th, 6th and 7th floor we have range of two bedroom apartments that are 101m2 in size and ocean facing.

Address: 317 & 319 Main Road, Sea Point, Cape Town

Completion: Expected April 2027

Short-Term Rentals: Allowed with approved service providers or body corporate approval for self-management

Security: 24-hour concierge, manned security, off-site monitoring, biometric access, CCTV

Returns: Average annual return of 14.5% with potential for higher returns through short-term...

Bedrooms: 2

Bathrooms: 2

Garages: 2

Pet Friendly

Pool

Listing number: P24-115654329, Image number: 1

Listing number: P24-115654329, Image number: 2

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Listing number: P24-115654329, Image number: 4

Listing number: P24-115654329, Image number: 5

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Property Overview

Listing Number

115654329

Type of Property

Apartment / Flat

Listing Date

28 February 2025

Floor Size

101 m²

Price per m²

R 72 772

Levies

R 4 038

No Transfer Duty

Yes

Rates and Taxes

R 3 774

Pets Allowed

Yes

Rooms

Bedrooms

Bathrooms

Reception Rooms

External Features

Garage

Pool

Yes

Points of Interest

Bond Calculator

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Total Once-off Costs:
(Transfer Duty Excluded)

This property has been flagged as “No Transfer Duty” by the agent/seller, we have therefore excluded a transfer duty of from the total once-off cost calculation.

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*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. Property24 does not accept liability for any damages arising from the use of this calculator.