3 Bedroom Apartment in Sea Point

401 & 501 50 upper rhine rd, 50 upper rhine rd, Sea Point, Cape Townlocation approximate: suburb level

3 bed · 3.5 bath · 307 m² floor

Description

Sole and Exclusive Mandatea 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 viewAn 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, AU8m in Sydney''s Eastern Suburbs, US6m in Miami Beach. At R 28,995,000 approximately 1.2m, 1.4m, or US1.55m 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 m²3 en-suite bedrooms3.5 bathrooms4 living areas3 secure parking baysPrivate liftWraparound upper-level terraceJacuzziSecond full kitchenCustom wine cellarDedicated backup generatorPet-friendlyAirbnb permitted.Monthly holding costsRates R 14,250Levy R 17,800Some 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, REMAX Living, to arrange.City and Atlantic Real Estate cc Trading as REMAX Living, an independently owned and operated franchise of REMAX 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.

What we know about this property

Each attribute shows where it came from and how sure we are. Model-derived attributes arrive as enrichment runs.

Resilience

Backup Power Level
Partialfrom the listing text · 96%
Battery Backup
Nofrom the listing text · 74%
Borehole
Nofrom the listing text · 98%
Gas Hob
Nofrom the listing text · 98%
Generator
Yesfrom the listing text · 98%
Grey Water
Nofrom the listing text · 98%
Heat Pump
Nofrom the listing text · 98%
Inverter
Nofrom the listing text · 96%
Solar Geyser
Nofrom the listing text · 98%
Solar panels
Nofrom the listing text · 98%
Water Tank
Nofrom the listing text · 98%

Security

Alarm Beams
Nofrom the listing text · 98%
Armed Response
Nofrom the listing text · 97%
Boomed Area
Nofrom the listing text · 93%
Burglar Bars
Nofrom the listing text · 95%
CCTV
Nofrom the listing text · 97%
Electric Fence
Nofrom the listing text · 97%
Guard 24h
Nofrom the listing text · 97%
Security Estate
Nofrom the listing text · 95%

Location

Exposed to coastal wind
Yesfrom open data · 60%
Estimated commute to CBD
8 minfrom open data · 60%
Crime trend
Stablefrom open data · 60%
Distance to the sea
207 mfrom open data · 60%
Load-shedding block
7from open data · 60%
SAPS precinct risk
Moderatefrom open data · 60%

Market

Days on market
178 daysfrom our price history
Gross rental yield
2.5%from our price history
Price change since listed
0.0%from our price history
Price per m²
R 87 785from our price history
Times relisted
0from our price history
Vs suburb median
4.57×from our price history
Under Offer
Nofrom our price history

Comfort

Air Conditioning
Nofrom the listing text · 96%
Double Glazing
Nofrom the listing text · 98%
Fireplace
Nofrom the listing text · 98%
High Ceilings
Nofrom the listing text · 77%
Natural Light
Brightfrom the listing text
North Facing
Nofrom the listing text · 97%
Quiet Street
Nofrom the listing text · 97%
Underfloor Heating
Nofrom the listing text · 98%
View Type
Seafrom the listing text · 97%
Wind Protected
Nofrom the listing text · 96%

Layout

Flatlet
Nofrom the listing text · 97%
Furnished
Nofrom the listing text · 92%
Home Office
Nofrom the listing text · 97%
Lift Access
Yesfrom the listing text · 95%
Living Areas
5from the listing text · 91%
Open Plan
Yesfrom the listing text · 98%
Penthouse
Yesfrom the listing text · 98%
Scullery
Nofrom the listing text · 96%
Single Level
Nofrom the listing text · 98%
Staff Accommodation
Nofrom the listing text · 96%
Walk In Closet
Yesfrom the listing text · 96%
Wheelchair Access
Nofrom the listing text · 94%

Outdoor

Balcony
Yesfrom the listing text · 99%
Boat Caravan Parking
Nofrom the listing text · 98%
Borehole Irrigation
Nofrom the listing text · 98%
Covered Patio
Nofrom the listing text · 93%
Established Trees
Nofrom the listing text · 86%
Garden Size
Nonefrom the listing text
Pet Friendly
Yesfrom the listing text · 99%
Pool Type
Nonefrom the listing text · 99%

Condition

Needs Tlc
Nofrom the listing text · 98%

Architecture

Architecture Style
Contemporaryfrom the listing text · 64%
Double Storey
Yesfrom the listing text · 99%
Original Features
Nofrom the listing text · 98%
Thatched Roof
Nofrom the listing text · 98%

Tenure Rules

Exclusive Use Area
Nofrom the listing text · 60%
No transfer duty
Nofrom the listing text · 98%
Retirement Scheme
Nofrom the listing text · 98%
Short Let Allowed
Yesfrom the listing text · 94%
Special Levy Mentioned
Nofrom the listing text · 96%
Tenure
Sectional Titlefrom the listing text · 98%
Utilities Included
Nofrom the listing text · 98%

Connectivity

Fibre
Nofrom the listing text · 98%

Commercial

Auction
Nofrom the listing text · 99%
Bank Assisted
Nofrom the listing text · 98%
Off Plan
Nofrom the listing text · 98%
Owner Relocating
Nofrom the listing text · 90%
Price Reduced
Nofrom our price history
Priced To Sell
Nofrom the listing text · 98%

Portal facts

Levies
R 17 800
Floor size
307 m²
Listing date
30 Mar 2026
Property type
Apartment
Listing number
T5441979
Rates and taxes
R 14 250
Feature: Bedrooms
3
Feature: Bathrooms 3.
5
Feature: Pet friendly
yes
Feature: Family TV room
yes
Feature: Covered parking
3