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The Adderley, City Centre: apartment prices, October 2026
31 Adderley Street, a sectional-title scheme registered in 2002. Every sale registered here since January 2023, with the price per m², the trend and what a unit would rent for.
25 sales recorded in The Adderley since 2023, median price R2.60m.
Data: City of Cape Town public records, 25 registered sales, last updated October 2026.
By Samantha, Sellect · Sales registered Feb 2023 to Sep 2026 · Updated 21 October 2026 · MethodThe Adderley in 60 seconds
City of Cape Town registered sales · method at the bottom of the pageAbout The Adderley
The Adderley is a heritage complex whose earliest part, the former Kottler building, dates from 1903; luxury apartments were added above parking and office floors in 2004 and 2005. It overlooks St George's Cathedral and the Company's Garden. By price per m², The Adderley sits at number 12 of the 37 City Centre buildings with five sales or more since 2023, above the neighbourhood median. Flats sold here since 2023 are mostly one- and two-bedroom sizes: a median of 64 m², from 41 m² to 127 m². The sectional-title scheme was registered in 2002. Its top sale since 2023: R4.60m for 127 m², registered in Jan 2025.
Source: The Adderley (body corporate site) The Adderley Apartment 91, 31 Adderley Street (LekkeSlaap)
What The Adderley sells for
Medians of registered sales. With a handful of sales a year, the mix of units sold moves these figures: read the trend with care.
Apartments in The Adderley sell for about 24 % less per m² than the City Centre median, a way into the neighbourhood below its usual price level. Units sold range from 41 m² to 127 m², with a median of 64 m². 25 sales were registered since January 2023, the most in 2025 (13). The median price per m² moved from R33,100 in 2023 and 2024 to R37,400 in 2025 and 2026, +13 %.
Floor, view and condition move the price of each unit: value your apartment in The Adderley against these sales, free.
Median price per m² by year
Number of sales under each year. 2026 is partial.
Against the neighbourhood
Median price per m², sales since January 2025 where available. City Centre median: apartments sold since January 2025.
| Year | Sales | Median price | Median price per m² |
|---|---|---|---|
| 2026 | 3 | R2.33m | R38,133 |
| 2025 | 13 | R2.65m | R36,585 |
| 2024 | 5 | R3.05m | R33,091 |
| 2023 | 4 | R2.40m | R32,489 |
Every sale registered in The Adderley since 2023
Month of registration, unit size and price, as published by the City of Cape Town. Unit numbers and owners are not shown.
| Registered | Size | Price | Price per m² |
|---|---|---|---|
| Sep 2026 | 63 m² | R1.40m | R22,222 |
| Aug 2026 | 43 m² | R2.33m | R54,070 |
| Mar 2026 | 75 m² | R2.86m | R38,133 |
| Nov 2025 | 43 m² | R1.41m | R32,744 |
| Oct 2025 | 79 m² | R2.70m | R34,177 |
| Sep 2025 | 55 m² | R2.65m | R48,182 |
| Sep 2025 | 41 m² | R1.50m | R36,585 |
| Jul 2025 | 59 m² | R2.60m | R44,068 |
| Jul 2025 | 79 m² | R3.65m | R46,203 |
| Jun 2025 | 73 m² | R1.70m | R23,288 |
| Apr 2025 | 64 m² | R3.55m | R55,469 |
| Mar 2025 | 95 m² | R2.60m | R27,368 |
| Mar 2025 | 70 m² | R3.25m | R46,429 |
| Feb 2025 | 63 m² | R2.85m | R45,238 |
| Jan 2025 | 52 m² | R1.65m | R31,731 |
| Jan 2025 | 127 m² | R4.60m | R36,220 |
| Dec 2024 | 54 m² | R1.65m | R30,556 |
| Jul 2024 | 64 m² | R3.05m | R47,656 |
| Jun 2024 | 93 m² | R3.55m | R38,172 |
| Mar 2024 | 55 m² | R1.82m | R33,091 |
| Feb 2024 | 113 m² | R3.70m | R32,743 |
| Nov 2023 | 50 m² | R2.30m | R46,000 |
| Jul 2023 | 65 m² | R1.75m | R26,923 |
| May 2023 | 75 m² | R2.50m | R33,333 |
| Feb 2023 | 79 m² | R2.50m | R31,646 |
What a unit in The Adderley would earn
Estimates, not observed rents: Sellect model from the price level, the same as in your free report.
Rent for a median unit
A 64 m² unit at the building median of R2.60m would rent for about R18,200 a month: a gross yield of about 8.4 % and about 5.5 % net, after rates, levies, management and empty months.
Rates at the City’s 2026/27 residential rate, levies estimated at R45 per m² a month, management 8 %, vacancy 4 %.
Value your flat in The Adderley
Your floor, view, size and condition move the price. Your free report compares your unit with every sale in The Adderley and gives a value range, the rent and the net yield, in 60 seconds.
Value my flat in The AdderleyOwn a flat in The Adderley?
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Frequently asked questions
How much does an apartment in The Adderley cost?
Since January 2023, 25 apartments were registered as sold in The Adderley, City Centre, at a median of R2.60m for 64 m², or R36,200 per m². Prices ranged from R1.40m to R4.60m.
Is The Adderley expensive for City Centre?
Units in The Adderley sell for a median of R37,400 per m², 24 % below the City Centre apartment median of R49,400 per m² for sales since January 2025.
What rent can I get for a flat in The Adderley?
About R18,200 a month for a 64 m² unit, a gross yield of about 8.4 % (5.5 % net). This is a Sellect estimate from the price level; your free report adjusts it to your unit.
Where do these figures come from?
From sales registered at the Deeds Office and published by the City of Cape Town, analysed by Sellect. Bundles, parking bays, storerooms and implausible prices are excluded. Figures are medians and indicative, not a valuation.