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Quay 1 International Realty

Apartment · For SaleRef RL601

Studio Apartment In Upper East Side

R 1 295 000

Salt River, Cape Town

Under offer

Key facts

Type
Apartment
Bedrooms
1
Bathrooms
1
Carports
1
Floor size
40 m²
Land size
40 m²
Exclusive Listing | Offers From: R1 295 000 Set within the ever-popular Upper East Side precinct, this well-positioned studio apartment offers a fantastic opportunity for investors, young professionals, or those seeking a stylish lock-up-and-go in the heart of Cape Town’s creative corridor. Located in the North Block of the development in Salt River, right on the border of Woodstock, the apartment enjoys a vibrant urban setting with quick access to the CBD, major transport routes, and an array of popular cafés, restaurants, and lifestyle amenities. The apartment features a thoughtfully designed open-plan layout that maximizes both space and natural light. The living and sleeping area flows seamlessly toward a private balcony, creating an inviting extension of the interior and providing the perfect spot to enjoy fresh air and city views. The well-appointed kitchen is neatly integrated into the living space, offering modern finishes and practical functionality for everyday living. Residents of Upper East Side enjoy the benefits of a secure, well-managed development with 24-hour security, controlled access, and a lively mixed-use environment that includes offices, retail outlets, and restaurants within the precinct itself. This makes day-to-day living exceptionally convenient while maintaining a strong sense of community. Positioned in the same building as the well-known DoubleTree by Hilton Cape Town – Upper East Side, residents benefit from a lively, cosmopolitan environment with the convenience and energy of a hotel and commercial hub right on their doorstep. With its prime location, balcony feature, and strong rental demand in the area, this studio apartment presents an excellent opportunity for those looking to invest in one of Cape Town’s most dynamic and steadily growing neighbourhoods. Whether for personal use or as a high-performing rental asset, this property offers a compelling blend of lifestyle and long-term value. Size: +/- 40sqm Rates: +/- R825 Levies: +/- R1 750 Offers From: R1 295 000

Features

  • pool

Good to know

What is the asking price?+

This apartment is on the market at R 1 295 000.

How many bedrooms and bathrooms does it have?+

It has 1 bedroom and 1 bathroom.

Is there parking?+

Yes - 1 parking bay.

How big is it?+

The floor size is 40 m², on a 40 m² erf.

Where is it located?+

It's in Salt River, Cape Town.

Bond repayment

Estimated monthly repayment

R 12 631

On a R 1 165 500 bond over 20 years at 11.75%.

Transfer costs

Purchase price
R 1 295 000
Transfer duty (SARS)
R 2 550
Transfer & conveyancing (est.)
R 33 600

Estimated once-off costs

R 36 150

Indicative only - bond registration costs excluded; your conveyancer confirms final figures.

Jambo Home Loans

Pre-qualified before you offer

Quay 1 partners with Jambo Home Loans. Get a bond pre-approval or speak to a consultant - they compare offers across the major banks on your behalf.

Call 087 474 0483

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