South Africa

Cape Town | Western Cape

The Charm of

Sky-High Life

View Photos Watch Film 360° VTour Open House

Harcourts South Africa Harcourts Atlantic

Presented At

R8,500,000

Bedrooms

Bathrooms

Living

2,401

SQFT

Stories 3

Office

Bar

Stone Countertops

Elevator

Air Conditioning

Fitness Center / Gym

Game Room

Kitchen island

Garden

Balcony

Pool

Privacy

Investment Property

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South Africa

Cape Town | Western Cape

South Africa, Western Cape, Cape Town, Castle Street, 27, Cape Town, Western Cape, South Africa. , Cape Town , Western Cape

Rare 223m² CBD Penthouse | 4-Bed or 3 + Study | Prime Investor Opportunity

Discover an exceptional and expansive apartment in the vibrant heart of the CBD. This impressive 223m² penthouse-level residence at Impala House features a versatile layout with 4 bedrooms (or 3 bedrooms plus a study), a private balcony, and full Airbnb approval, making it an outstanding investment or urban haven.

Situated on the exclusive 3rd floor, this apartment boasts generous proportions, a bright and airy layout, and tremendous potential for modernisation into a luxurious city retreat. The building offers 9-5pm security, controlled access, and unbeatable proximity to Company’s Garden, the lively restaurants and cafés of Bree Street, MyCiti transit, Parliament, and the bustling business district.

This is a unique opportunity to acquire a spacious CBD property with excellent rental potential, privacy, and long-term value.

Contact me today to arrange your private viewing.

Exterior

Property

Gallery

3D Street View Tour

Property Location

South Africa, Western Cape, Cape Town, Castle Street, 27, Cape Town, Western Cape, South Africa., Cape Town Western Cape

Local Weather & Climate

Cape Town, Western Cape

Current Conditions Updated recently

65 °F

Clear sky

Feels Like 65°F

Humidity 78%

Wind 7 mph

Visibility 6.2 mi

Sunrise 4:36 AM

Sunset 5:19 PM

5-Day Forecast

Thu 5 Mar

Clear

High 72°

Low 64°

Fri 6 Mar

Clear

High 71°

Low 64°

Sat 7 Mar

Clouds

High 66°

Low 61°

Sun 8 Mar

Clear

High 78°

Low 59°

Mon 9 Mar

Clear

High 83°

Low 63°

Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Cape Town?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

Home Price

Down Payment

R100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

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Important Information

This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
Tax benefit calculations are simplified estimates based on general assumptions for South Africa. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on South Africa tax year 2025 (fiscal year: March-February), rules effective from 2001. Tax laws change frequently and may have been amended since this data was compiled.

Limitation of Liability: By using this calculator, you acknowledge that all results are approximations and should not be relied upon for financial, legal, or tax decisions. openluxe, its affiliates, officers, directors, employees, and agents expressly disclaim all liability for any damages, losses, or consequences arising from the use of or reliance on this calculator or the information provided herein. openluxe is not a lender, financial advisor, or tax professional and does not provide mortgage loans, financial advice, or tax advice. Use of this calculator does not create any professional relationship.

$850,000,000

South Africa, Western Cape, Cape Town, Castle Street, 27, Cape Town, Western Cape, South Africa.

Cape Town, Western Cape

3 Beds

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Market Opinion

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Our perspective on current market conditions in Cape Town. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis

International luxury real estate typically appreciates steadily over time.

Buyer Score

Estimated regional appreciation: 4% annually

Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $850,000,000 20% down ($170,000,000)

Investment Perspective

$1 → $1.36

Every dollar invested today could become $1.36 in 10 years

$100 → 136 $1,000 → $1,362

$73,040/day

Your home may appreciate while you sleep

$512,687/week $2,221,643/mo $26,659,711/yr

$100K Investment Comparison (10 Years)

Real Estate (Leveraged)

$281K

S&P 500 Index

$259K

High-Yield Savings

$155K

Real estate leverage: potential 8% advantage over stocks

-$467.7M

+$663.5M

$663.5M Potential Equity

vs $467.7M lost to rent over 10 years

$170.0M Down Payment Growth

3.9x

10yr

$663.5M

8.1x

20yr

$1,373.6M

12.6x

30yr

$2,146.8M

Wealth Comparison

×5,111

Equivalent to 5,111 average US homes

top 5%

US household wealth ranking

Median: $193K Yours: $2,146.8M

Time to Double Your Investment (accounting for market cycles)

42.4

years

Conservative

1.65% effective/yr

22.4

years

Market-Based

3.14% effective/yr

15.3

years

Optimistic

4.62% effective/yr

Projected Home Values (adjusted for market cycles)

10 Years

Conservative $1,001.0M +18%

Market $1,157.6M +36%

Optimistic $1,335.8M +57%

$663.5M est. equity

20 Years

Conservative $1,178.9M +39%

Market $1,576.4M +85%

Optimistic $2,099.2M +147%

$1,373.6M est. equity

30 Years

Conservative $1,388.3M +63%

Market $2,146.8M +153%

Optimistic $3,298.8M +288%

$2,146.8M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Important Disclaimer

The information presented in this Market Opportunity Opinion is provided for informational and educational purposes only and should not be construed as financial, investment, legal, or real estate advice. This analysis represents our opinion based on publicly available data and should not be relied upon as the sole basis for any real estate or investment decision.

No Guarantee of Accuracy: While we strive to provide accurate and up-to-date information, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, or suitability of the data, projections, or analysis contained herein. Market conditions can change rapidly and unpredictably.

Not Professional Advice: This content does not constitute professional real estate, financial, or investment advice. We strongly recommend consulting with qualified professionals—including licensed real estate agents, financial advisors, attorneys, and tax professionals—before making any real estate or investment decisions.

Past Performance Disclaimer: Historical data and trends presented do not guarantee future results. Real estate markets are subject to numerous factors beyond the scope of this analysis, including economic conditions, interest rates, local regulations, and unforeseen events.

By viewing this information, you acknowledge that you understand these limitations and agree that the property owner, listing agent, brokerage, and platform providers shall not be held liable for any decisions made based on this analysis.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

How many bedrooms and bathrooms does South Africa, Western Cape, Cape Town, Castle Street, 27, Cape Town, Western Cape, South Africa have?

This apartment at South Africa, Western Cape, Cape Town, Castle Street, 27, Cape Town, Western Cape, South Africa features 3 bedrooms with 2,401 square feet of living space.

What is the size of South Africa, Western Cape, Cape Town, Castle Street, 27, Cape Town, Western Cape, South Africa?

This property offers 2,401 square feet of living space.

What is the listing price for South Africa, Western Cape, Cape Town, Castle Street, 27, Cape Town, Western Cape, South Africa?

This property is listed at $850,000,000, which equals $354019 per square foot.

Is now a good time to buy a home in Cape Town?

Based on current market indicators, Cape Town shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.

What type of property is South Africa, Western Cape, Cape Town, Castle Street, 27, Cape Town, Western Cape, South Africa?

This is a apartment located in Cape Town, Western Cape. The property is situated in an established neighborhood with convenient access to local amenities and services.