Penthouse for sale at 50 Upper Rhine Rd, 50 Upper Rhine Rd
Effortless entertaining above Sea Point's palm-lined promenade, with sweeping Atlantic and Lion's Head views, wraparound terrace with private jacuzzi — three en-suite bedrooms and private lift.
Sole and Exclusive Mandate
a trophy address positioned for the international relocation buyer who values lifestyle, light, and lifestyle migration.
Suspended above Sea Point's palm-lined promenade, this double-storey penthouse opens, via a private lift, to a sweep of Atlantic blue framed by Lion's Head, Signal Hill, and the glittering arc of Cape Town Stadium. Three hundred and seven square metres across two floors. Three en-suite bedrooms. A wraparound terrace with a private jacuzzi. A residence built for the way people actually live at this altitude.
The private lift opens directly into the residence; there is no shared corridor, no transition. You step out of the lift and into the view
An expansive open-plan reception flows through a formal dining space, a relaxed lounge, and a sophisticated bar. Three distinct moods sharing one continuous volume of light and view. The kitchen is elegant and practical, with an oversized island, integrated appliances, and ample seating for casual dining. The formal dining room beyond, anchored by a sculptural chandelier, sets the tone for the evenings this residence was designed to host.
Three en-suite bedrooms occupy their own quiet wing of the residence, each finished with bespoke joinery, generous storage, and considered detailing. The principal suite enjoys uninterrupted views, with a dressing area flowing through to a luxurious en-suite featuring a freestanding tub, twin vanities, and a separate walk-in shower in honed marble. Secondary bedrooms enjoy mountain views and equally well-appointed en-suite bathrooms.
Ascend the newly completed staircase to a floor designed around a single purpose: hosting beautifully, effortlessly, with the whole of Cape Town spread out beneath you. A second full kitchen with integrated appliances, a dedicated wine cellar, a guest cloak, and a generous entertainment lounge that opens, through wide doors, onto the wraparound terrace with its private jacuzzi. This is the floor that quietly turns a beautiful penthouse into something rarer, a residence built for long lunches, slow sunsets, and the kind of dinners that end at one in the morning with the city still glowing below.
The Atlantic Seaboard is Cape Town's most cosmopolitan address — a coastal village with the energy of a capital and the rhythm of the sea. Steps from the Sea Point Promenade, walking distance to the V&A Waterfront, minutes from Camps Bay, Clifton, and the city centre. Cape Town International Airport, with direct connections to London, Frankfurt, Amsterdam, Doha, and Dubai, is thirty minutes away.
For the international buyer, the value is considered. Comparable trophy addresses begin at €15m+ in Monaco, £10m+ in Mayfair, AU$8m+ in Sydney's Eastern Suburbs, US$6m+ in Miami Beach. At R 28,995,000 — approximately £1.2m, €1.4m, or US$1.55m — Sea Point offers the rarest combination on the global luxury market: world-class lifestyle at a fraction of the cost.
The residence is permitted for short-term letting (Airbnb). For owners who split their year between hemispheres, this offers a meaningful avenue for offsetting holding costs, with the Atlantic Seaboard consistently ranking among the most-booked luxury short-stay markets in Africa during the November to March high season.
· Floor area 307 m2
· 3 en-suite bedrooms
· 3.5 bathrooms
· 4 living areas
· 3 secure parking bays
· Private lift
· Wraparound upper-level terrace
· Jacuzzi
· Second full kitchen
· Custom wine cellar
· Dedicated backup generator
· Pet-friendly
· Airbnb permitted.
Monthly holding costs
· Rates ± R 12,200
· Levy ± R 14,500
Some properties announce themselves through brochures. This one is best understood in the room.
Private golden-hour viewings available by appointment.
Contact Riaan Ackermann or Karin Coetzee, RE/MAX Living, to arrange.
City and Atlantic Real Estate cc Trading as RE/MAX Living, an independently owned and operated franchise of RE/MAX SA. Registered with the PPRA.
Disclaimer: Any price displayed in a foreign currency is for information purposes only and is an estimate based on the applicable exchange rate at the time of publication. Exchange rate fluctuations may result in variations. The official asking price is the South African Rand (ZAR) price.
Listed for sale at R28,995,000
Too few homes for a price verdict
Only 6 similar homes are listed in Sea Point right now — too small a sample to fairly benchmark this asking price against.
How does this home’s price compare with similar properties?
Price comparison based on 6 similar-sized 2–4 bed homes (wider size range).
Market depth
6 listings
Similar homes in Sea Point
Low inventory
Active in Sea Point
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Sea Point is a vibrant, cosmopolitan coastal suburb that offers residents a high-energy lifestyle with immediate access to the iconic Atlantic Seaboard promenade, diverse culinary experiences, and stunning ocean views.