A Leafy Kenilworth Classic with Heritage, Charm & Space
Kenilworth, Cape Town | Asking R2,650,000
Rates: ±R1,000 | Levies: ±R2,300 | Rental R14,000 (kept low due to being a good tenant), current market estimate R16,000
In one of Kenilworth’s most established, tree‑lined pockets lies a beautifully maintained three‑bedroom apartment that blends generous proportions with the timeless charm this neighbourhood is known for. Set within a well‑run, long‑standing residential community, the property offers a rare combination of space, tranquillity and heritage‑rich surroundings.
A Neighbourhood with a Story
This part of Kenilworth has roots stretching back to Cape Town’s Victorian and Edwardian expansion. Over the decades, the area has retained its leafy character, its walkable streets, and its unmistakable sense of community. Mature trees, character homes and small local landmarks give the suburb a warm, village‑like feel — the kind of place where neighbours greet each other, children ride bicycles in quiet lanes, and long‑time residents speak fondly of “how things used to be.”
The surrounding streets are dotted with buildings from different eras, each adding to the layered history of the neighbourhood. Today, it remains one of the most sought‑after pockets of Kenilworth, prized for its authenticity, convenience and enduring charm.
The Apartment – Spacious, Bright & Wonderfully Practical
This 87m² home offers:
- Three well‑sized bedrooms
- A bright, airy living area
- Solid construction typical of the early 1980s
- A practical layout suited to both professionals and families
- Dedicated parking and perimeter security
- A financially stable, well‑managed residential community
The building’s long history of careful stewardship is reflected in its healthy reserves, consistent levy management and the pride residents take in maintaining shared spaces.
Lifestyle at Your Doorstep
From this location, you’re moments away from:
- Harfield Village cafés and eateries
- Kenilworth Centre and Cavendish Square
- Parks, greenbelts and dog‑friendly walking routes
- Excellent transport links and major arterial roads
- A neighbourhood known for its safety, greenery and community spirit
This is a lifestyle purchase as much as a property purchase — a chance to live in a leafy, heritage‑rich part of Kenilworth where the past and present blend effortlessly.
Why Buyers Love This Opportunity
- Spacious 3‑bedroom layout (87m²)
- Strong, stable community with excellent financial management
- Leafy, established neighbourhood with real heritage
- Excellent long‑term value in a high‑demand pocket
- Ideal for first‑time buyers, young families or investors
Property Investment Breakdown: (based on R16,000 minimum rental)
3-Bedroom Apartment Investment Snapshot – Kenilworth, R2,650,000
Solid mid-range sectional-title unit perfect for buy-to-let investors.
Rental at R16,000/month (conservative and achievable in the current Kenilworth market).
Zero monthly outlay from day one – with a paying tenant, the rent fully covers all ongoing costs (no cash from your pocket for bond, levy, or rates).
Monthly costs covered by rent:
Body corporate levy: R2,300
Municipal rates: R1,152 (City of Cape Town 2026/27 rate-in-the-rand of 0.006428 after R500k rates-free threshold)
Bond repayment/interest: R12,548
Total covered: R16,000 exactly → net R0 out of pocket every month.
Two scenarios for zero-cost ownership (tenant in place):
1. Interest-only bond (most common for investors):
Bond size: R1,469,071
Required deposit (capital outlay): R1,180,929 (44.6% of purchase price)
At 10.25% prime, interest-only payment = R12,548/month – fully paid by rent.
2. Full 20-year amortising bond (principal + interest):
Bond size: R1,278,297
Required deposit (capital outlay): R1,371,703 (51.8% of purchase price)
Monthly repayment = R12,548 – again fully covered by rent.
Key notes:
Electricity & water are paid directly by the tenant (not included above).
No negative cash flow, no surprise costs – the property pays for itself from month one.
Higher rent (R18k–R22k typical for upgraded 3-beds here) would allow a smaller deposit or extra profit.
This structure gives investors true hands-off ownership with zero ongoing outlay. Perfect entry into Cape Town property with built-in cash-flow protection.
Viewings welcome – let’s make the numbers work for you.
Rates: ±R1,000 | Levies: ±R2,300 | Rental R14,000 (kept low due to being a good tenant), current market estimate R16,000
In one of Kenilworth’s most established, tree‑lined pockets lies a beautifully maintained three‑bedroom apartment that blends generous proportions with the timeless charm this neighbourhood is known for. Set within a well‑run, long‑standing residential community, the property offers a rare combination of space, tranquillity and heritage‑rich surroundings.
A Neighbourhood with a Story
This part of Kenilworth has roots stretching back to Cape Town’s Victorian and Edwardian expansion. Over the decades, the area has retained its leafy character, its walkable streets, and its unmistakable sense of community. Mature trees, character homes and small local landmarks give the suburb a warm, village‑like feel — the kind of place where neighbours greet each other, children ride bicycles in quiet lanes, and long‑time residents speak fondly of “how things used to be.”
The surrounding streets are dotted with buildings from different eras, each adding to the layered history of the neighbourhood. Today, it remains one of the most sought‑after pockets of Kenilworth, prized for its authenticity, convenience and enduring charm.
The Apartment – Spacious, Bright & Wonderfully Practical
This 87m² home offers:
- Three well‑sized bedrooms
- A bright, airy living area
- Solid construction typical of the early 1980s
- A practical layout suited to both professionals and families
- Dedicated parking and perimeter security
- A financially stable, well‑managed residential community
The building’s long history of careful stewardship is reflected in its healthy reserves, consistent levy management and the pride residents take in maintaining shared spaces.
Lifestyle at Your Doorstep
From this location, you’re moments away from:
- Harfield Village cafés and eateries
- Kenilworth Centre and Cavendish Square
- Parks, greenbelts and dog‑friendly walking routes
- Excellent transport links and major arterial roads
- A neighbourhood known for its safety, greenery and community spirit
This is a lifestyle purchase as much as a property purchase — a chance to live in a leafy, heritage‑rich part of Kenilworth where the past and present blend effortlessly.
Why Buyers Love This Opportunity
- Spacious 3‑bedroom layout (87m²)
- Strong, stable community with excellent financial management
- Leafy, established neighbourhood with real heritage
- Excellent long‑term value in a high‑demand pocket
- Ideal for first‑time buyers, young families or investors
Property Investment Breakdown: (based on R16,000 minimum rental)
3-Bedroom Apartment Investment Snapshot – Kenilworth, R2,650,000
Solid mid-range sectional-title unit perfect for buy-to-let investors.
Rental at R16,000/month (conservative and achievable in the current Kenilworth market).
Zero monthly outlay from day one – with a paying tenant, the rent fully covers all ongoing costs (no cash from your pocket for bond, levy, or rates).
Monthly costs covered by rent:
Body corporate levy: R2,300
Municipal rates: R1,152 (City of Cape Town 2026/27 rate-in-the-rand of 0.006428 after R500k rates-free threshold)
Bond repayment/interest: R12,548
Total covered: R16,000 exactly → net R0 out of pocket every month.
Two scenarios for zero-cost ownership (tenant in place):
1. Interest-only bond (most common for investors):
Bond size: R1,469,071
Required deposit (capital outlay): R1,180,929 (44.6% of purchase price)
At 10.25% prime, interest-only payment = R12,548/month – fully paid by rent.
2. Full 20-year amortising bond (principal + interest):
Bond size: R1,278,297
Required deposit (capital outlay): R1,371,703 (51.8% of purchase price)
Monthly repayment = R12,548 – again fully covered by rent.
Key notes:
Electricity & water are paid directly by the tenant (not included above).
No negative cash flow, no surprise costs – the property pays for itself from month one.
Higher rent (R18k–R22k typical for upgraded 3-beds here) would allow a smaller deposit or extra profit.
This structure gives investors true hands-off ownership with zero ongoing outlay. Perfect entry into Cape Town property with built-in cash-flow protection.
Viewings welcome – let’s make the numbers work for you.
Monthly Levy
R2,300
Monthly Rates
R1,000
Total
R3,300
Features
Interior
Exterior
Sizes
Listing Info
Kenilworth, Cape Town
- Street map
- Street view
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Lew Geffen Sotheby's International Realty website is accurate and up to date, Lew Geffen Sotheby's International Realty makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
