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3 Bed Penthouse For Sale in Cape Town City Centre | MyProperty Africa

17% below 3-bed median

Penthouse in Cape Town City Centre, Cape Town

Bedrooms3

Bathrooms2

Floor Size223 m²

Living Areas1

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

Enjoy vibrant CBD living steps from Company's Garden and Bree Street cafés in this expansive penthouse-level apartment with Airbnb approval, three bedrooms, two bathrooms and private balcony.

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.

Additional Features

Pets Allowed

Furnished

Monthly Costs

Estimated Repayment

R 75,096

TotalR 75,096

* Monthly costs are estimates and should be confirmed with the agent.

Property history

Listed for sale at R8,500,000

10 Nov 2025

Smart Property Insights

MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties

Based on 70 listings in Cape Town (town)

Insight

Priced below the median for similar properties in the area. On a price-per-m² basis, it is 31% below the median. Floor size is 16% larger than typical for similar homes.

Based on 70 active similar listings — Strong confidence

Similar properties pricing

This homeR 8,500,000Within range

R 5,110,000R5.1MP25

R 10,250,000R10MMedian

R 18,500,000R19MP75

R 5,110,000R5.1MP25

R 10,250,000R10MMedian

R 18,500,000R19MP75

Key differences

Price per m²31% belowGood value

This homeR 38,117/m²

Area medianR 55,172/m²

Based on 62 listings

Floor size16% aboveAbove-average space

This home223 m²

Typical size193 m²

Based on 62 listings

Market depth

70 similar listings

High similar-home inventory town-wide (Cape Town)

Median time on market: 176 days

Cape Town Insights·Cape Town City Centre Insights

* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0

Area Overview

Cape Town City Centre offers a vibrant urban lifestyle with convenient access to cultural attractions, diverse dining, and business opportunities, making it ideal for young professionals and those seeking a dynamic city experience.