Cape Town

Cape Town | Western Cape

Express

Power Through Elegance

View Photos Watch Film 360° VTour Open House

Craig Mathieson

Presented At

R10,799,000

Bedrooms

Bathrooms

Living

1,626

SQFT

Air Conditioning

Washer Dryer

Basement

Terrace

Pergola

Parking

Balcony

Vineyard / Winery

Pool

Outdoor Kitchen

City View

Water View

Ocean View

Mountain View

Duplex

Modern

Investment Property

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Cape Town

Cape Town | Western Cape

Cape Town, Western Cape, South Africa. , Cape Town , Western Cape

Duplex Penthouse with Private Terrace, Pool, City & Ocean Views

Duplex Penthouse with Private Terrace, Pool, City & Ocean Views

2 Bed | 2.5 Bathroom | 2 Basement Parking | 151m2

Wake up to the extraordinary
These spacious, luxurious apartments with their stylish interiors are ideal for individuals who appreciate modern design and extraordinary views of one of the world’s most beautiful [hidden information] from a selection of one and two bedroom apartments, or penthouses with their own private terrace. Leading interior designers have selected the apartments’ interior finishes of wood, stone and glass to complement The Rubik’s contemporary design and style. Meticulous attention to detail and craftsmanship are evident in every aspect of these fine apartments.

Prices include VAT and no transfer duties payable.

Iconic in design, location, and investment potential, The Rubik’s penthouses offer the luxury of incredible views, imported fittings, as well as superb access to both premium internal facilities and top city attractions. Leading interior designers have selected the penthouses’ interior finishes of wood, stone, and glass to complement The Rubik’s contemporary design.

An iconic investment
The Rubik offers investors the ultimate buy-to-let opportunity in Cape Town’s top performing node. At The Rubik, we offer a turnkey solution to take care of every aspect of your investment, helping you maximise the property’s potential. Situated close to a growing financial hub and designed to appeal to the most discerning investor, The Rubik is a unique, high-quality blend of exceptional penthouses, apartments, offices and retail. Whether you buy to own or buy to invest, The Rubik’s elegant design, attractive location and world-class facilities make it a priority purchase. The Rubik provides the exciting prospect of yielding considerable value for initial investors.

Intended to connect every aspect of your life
Perfectly located in one of the world’s most alluring cities, The Rubik offers nothing less than sheer convenience, giving you access to all that Cape Town has to offer, from Table Mountain or the Winelands to the azure oceans and pristine beaches. Loop street is the most cosmopolitan street in the Mother City and is known for attracting people for its vibrant nightlife, historic buildings, art galleries, and a wide variety of restaurants, bars, and café’s

Key Features

2 Bedrooms
151 m2
2.5 Bathroom
Floors: 25
24
2 parking bays
Access to rooftop pool & braai area
Short
Strong rental demand
Private roof terrace Central Location: Situated on the corner of Loop Street and Riebeek Street in Cape Town, The Rubik is ideal for discerning individuals who appreciate city centre elegance.

Loop street is the most cosmopolitan street in the Mother City, attracting people for its vibrant nightlife, historic buildings, art galleries, antique shops and a wide variety of restaurants, bars, and cafes.

Convenient Features:
The Rubik is walking distance from the azure Atlantic Ocean with a selection of pristine beaches to choose from. With Table Mountain, its rich fynbos, and the city

Property

3D Street View Tour

Property Location

Cape Town, Western Cape, South Africa., Cape Town Western Cape

Local Weather & Climate

Cape Town, Western Cape

Current Conditions Updated recently

79 °F

Few clouds

Feels Like 79°F

Humidity 52%

Wind 5 mph

Visibility 6.2 mi

Sunrise 4:36 AM

Sunset 5:19 PM

5-Day Forecast

Wed 4 Mar

Clouds

High 77°

Low 66°

Thu 5 Mar

Clear

High 73°

Low 64°

Fri 6 Mar

Rain

High 69°

Low 65°

Sat 7 Mar

Clear

High 67°

Low 62°

Sun 8 Mar

Clear

High 78°

Low 60°

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.

$10,799,000

Cape Town, Western Cape, South Africa.

Cape Town, Western Cape

2 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: $10,799,000 20% down ($2,159,800)

Investment Perspective

$1 → $1.36

Every dollar invested today could become $1.36 in 10 years

$100 → 136 $1,000 → $1,362

$928/day

Your home may appreciate while you sleep

$6,514/week $28,225/mo $338,704/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

-$5.9M

+$8.4M

$8.4M Potential Equity

vs $5.9M lost to rent over 10 years

$2.2M Down Payment Growth

3.9x

10yr

$8.4M

8.1x

20yr

$17.5M

12.6x

30yr

$27.3M

Wealth Comparison

×65

Equivalent to 65 average US homes

top 5%

US household wealth ranking

Median: $193K Yours: $27.3M

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 $12.7M +18%

Market $14.7M +36%

Optimistic $17.0M +57%

$8.4M est. equity

20 Years

Conservative $15.0M +39%

Market $20.0M +85%

Optimistic $26.7M +147%

$17.5M est. equity

30 Years

Conservative $17.6M +63%

Market $27.3M +153%

Optimistic $41.9M +288%

$27.3M 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 Cape Town, Western Cape, South Africa have?

This apartment at Cape Town, Western Cape, South Africa features 2 bedrooms with 1,626 square feet of living space.

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

This property offers 1,626 square feet of living space.

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

This property is listed at $1,079,900,000, which equals $664145 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 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.