The Pinnacle of Intaba — A North West Facing Penthouse Above It All
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A rare north‑west facing penthouse in one of Claremont Upper’s most coveted addresses — where uninterrupted Table Mountain and Skeleton Gorge views meet the privacy, scale, and refinement that define true luxury living.
Positioned atop Intaba, the area’s flagship residential development, this 343 m² penthouse is one of only a handful of homes that combine expansive single‑level living with panoramic mountain vistas, exceptional security, and direct access to the lifestyle heartbeat of Claremont Upper.
A Landmark Building in a Premier Location
Intaba remains one of the most sought‑after developments in the Southern Suburbs — celebrated for its architectural presence, hotel‑style security, on‑site gym and pool, and its unrivalled position just steps from Cavendish Square, leading schools, and the Newlands greenbelt. Demand for premium apartments in this node continues to outperform the broader market, with penthouse sales in Intaba achieving some of the highest sectional title prices in Claremont Upper.
A Penthouse Defined by Light, Volume & Views
The home’s north‑west orientation is its signature — capturing golden afternoon light and framing the dramatic sweep of the Newlands section of Table Mountain, from the cliffs of Skeleton Gorge to the forested slopes below. Floor‑to‑ceiling glass amplifies the sense of elevation, while generous open‑plan living spaces flow seamlessly to a private terrace designed for year‑round entertaining.
Luxury Accommodation
- 3 spacious bedrooms, all en‑suite
- 4 bathrooms
- Large open‑plan reception and dining areas
- Premium finishes throughout
- 2 secure parking bays
- Access to the building’s pool, gym, and 24/7 security
- Internal floor space 197m2
- Balcony floor space 103m2
- Mezzanine floor space 43m2
The penthouse’s proportions exceed those of most freestanding homes in the area, offering a level of comfort and privacy rarely found in sectional title living.
A Proven High‑Value Asset
Recent sales within Intaba — including this very penthouse — confirm the building’s position as a top performer in the Claremont Upper luxury market. With limited penthouse stock and consistently strong buyer demand, properties of this calibre seldom come to market.
A Lifestyle of Convenience & Prestige
From morning walks through Newlands Forest to evenings spent dining in the Southern Suburbs’ most celebrated restaurants, this location offers a lifestyle that is both connected and serene. Top schools, the Jammie shuttle, boutique retail, and medical facilities are all within effortless reach.
Description Tax Total
Levies 6716.70
Parking Levy 124.33
Reserve Fund Contribution 2138.31
CSOS Control Account 40.00
Water & Sewerage 90.97
Water & Sewerage Sewerage (2025‑11‑11 to 2025‑12‑10) 59.85
Rental Income Storeroom Rental 587.40
COCT – Domestic Cluster Recovery Water Fixed Charge 377.29
COCT – Domestic Cluster Recovery Sewer Fixed Charge 236.62
*Penthouse Investment Snapshot* – Claremont Upper, R12.5 million (R50,000 rental per calendar month)
Top-floor luxury unit with stunning views—perfect for owner-occupier or rental investor.
Current Rental Potential: Agent estimates R50 000/month (solid for premium southern-suburbs penthouses).
Monthly Costs (for buyer example – 80% bond at current prime 10.25%):
• Municipal rates: ~R6 700 (based on 0.006428 rate-in-the-rand × R12.5m value; no major rebate applies over R8m).
• Body corporate levy: R10 000 (typical for high-end sectional-title with security, lifts, etc.).
• Bond interest-only: ~R85 000/year or R7 100/month (on R10m loan).
• Utilities (electricity + water): ~R3 000 (tenant pays, but factor in).
Total outgoings: Around R26 800/month.
Break-even rent: Just R27 000—your R50k target nets ~R23 200/month positive cash flow (after costs). That’s over 15% gross yield—way above Cape Town’s average 7-9% for apartments.
Even on full amortising bond (~R12-13k extra), you’d still clear profit at R50k. Low risk, high return—ideal for buy-to-let or long-term hold.
Contact for viewings—numbers don’t lie on this one
*Penthouse Investment Snapshot* – Claremont Upper, R12.5 million Top-floor stunner with epic views—ideal for live-in or rental play.
Conservative Rental Estimate: R40 000/month (agent’s R50k upside if market holds—easy to up later).
Monthly Costs (buyer example – 80% bond at 10.25% prime):
• Rates: ~R6 700 (0.006428 rate-in-the-rand × R12.5m; full rate, no rebate over R8m threshold).
• Levy: R10 000 (spot-on for premium body corp).
• Bond interest-only: ~R7 100 (R10m loan).
• Utilities: ~R3 000 (tenant pays).
Total outgoings: Around R26 800/month.
Break-even at R40k rent: Nets ~R13 200 positive cash flow—still a healthy 7.7% gross yield, beating Cape Town’s 7-8% apartment average. Hit R50k? Jumps to R23k+ net—over 15% yield.
Low vacancy risk in Claremont Upper, strong demand—perfect for investors wanting steady returns with growth potential.
Viewings open—let’s chat numbers.
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Disclaimer
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