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Izra Towers, Sea Point: apartment prices, October 2026
239 High Level Rd, a sectional-title scheme registered in 2001. Every sale registered here since January 2023, with the price per m², the trend and what a unit would rent for.
17 sales recorded in Izra Towers since 2023, median price R3.50m.
Data: City of Cape Town public records, 17 registered sales, last updated October 2026.
By Samantha, Sellect · Sales registered Jun 2023 to Jun 2026 · Updated 21 October 2026 · MethodIzra Towers in 60 seconds
City of Cape Town registered sales · method at the bottom of the pageAbout Izra Towers
By price per m², Izra Towers sits at number 86 of the 108 Sea Point buildings with five sales or more since 2023, below the neighbourhood median. The highest price registered here since 2023 was R7.85m, for a unit of 148 m², in Apr 2026. With 60 residential units on the 2025 valuation roll, about 28 % of the building changed hands in under four years. Flats sold here since 2023 are mostly two- and three-bedroom sizes: a median of 94 m², from 60 m² to 151 m².
What Izra Towers 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 Izra Towers sell for about 34 % less per m² than the Sea Point median, a way into the neighbourhood below its usual price level. Units sold range from 60 m² to 151 m², with a median of 94 m². 17 sales were registered since January 2023, the most in 2024 (5). The median price per m² moved from R28,800 in 2023 and 2024 to R40,900 in 2025 and 2026, +42 %. Since July 2025, units here sold for a median of +38 % their 2025 municipal value.
Floor, view and condition move the price of each unit: value your apartment in Izra Towers 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. Sea Point median: apartments sold since January 2025.
| Year | Sales | Median price | Median price per m² |
|---|---|---|---|
| 2026 | 3 | R4.56m | R53,041 |
| 2025 | 5 | R3.50m | R37,234 |
| 2024 | 5 | R3.22m | R30,692 |
| 2023 | 4 | R3.76m | R26,732 |
Every sale registered in Izra Towers 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 |
|---|---|---|---|
| Jun 2026 | 81 m² | R4.10m | R50,617 |
| Jun 2026 | 81 m² | R4.56m | R56,296 |
| Apr 2026 | 148 m² | R7.85m | R53,041 |
| Oct 2025 | 94 m² | R3.50m | R37,234 |
| Oct 2025 | 92 m² | R3.70m | R40,217 |
| Jul 2025 | 148 m² | R3.85m | R26,014 |
| May 2025 | 60 m² | R2.15m | R35,833 |
| Mar 2025 | 60 m² | R2.50m | R41,667 |
| Nov 2024 | 100 m² | R3.50m | R35,000 |
| Sep 2024 | 149 m² | R4.05m | R27,181 |
| May 2024 | 66 m² | R1.90m | R28,788 |
| Apr 2024 | 65 m² | R2.00m | R30,692 |
| Jan 2024 | 94 m² | R3.22m | R34,255 |
| Nov 2023 | 149 m² | R4.10m | R27,517 |
| Oct 2023 | 94 m² | R1.65m | R17,593 |
| Jul 2023 | 151 m² | R4.40m | R29,139 |
| Jun 2023 | 132 m² | R3.42m | R25,947 |
What a unit in Izra Towers 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 94 m² unit at the building median of R3.50m would rent for about R25,200 a month: a gross yield of about 8.6 % and about 5.6 % 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 Izra Towers
Your floor, view, size and condition move the price. Your free report compares your unit with every sale in Izra Towers and gives a value range, the rent and the net yield, in 60 seconds.
Value my flat in Izra TowersOwn a flat in Izra Towers?
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Frequently asked questions
How much does an apartment in Izra Towers cost?
Since January 2023, 17 apartments were registered as sold in Izra Towers, Sea Point, at a median of R3.50m for 94 m², or R34,300 per m². Prices ranged from R1.65m to R7.85m.
Is Izra Towers expensive for Sea Point?
Units in Izra Towers sell for a median of R40,900 per m², 34 % below the Sea Point apartment median of R62,000 per m² for sales since January 2025.
What rent can I get for a flat in Izra Towers?
About R25,200 a month for a 94 m² unit, a gross yield of about 8.6 % (5.6 % 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.