Sale
South Africa

2

Beds

1

Baths

71 m²

Floor area

Apartment 2 beds 1 bath 71 m²

About this property

Perched on the 8th floor of the WEX 1 Building in the heart of trendy Woodstock, this stylish 2-bedroom, 1-bathroom apartment delivers 71 m² of contemporary living with a bold industrial edge. Exposed concrete ceilings, white-painted brick accent walls, warm vinyl wood-effect flooring, and a thoughtful blend of track lighting and statement Edison pendant bulbs create a cohesive, character-filled aesthetic across the generously proportioned open-plan interior.

The kitchen is finished to a high standard, featuring dark matt cabinetry paired with white engineered-stone countertops, an undercounter oven and ceramic hob, extractor fan, integrated dishwasher, and a full-height fridge-freezer — all clearly visible in the photos. The kitchen flows directly into the dining zone, anchored by a solid-wood live-edge table with industrial-leg bench seating, and continues into the lounge where a deep teal accent wall, a lean-to shelving unit displaying curated décor, a large flat-screen TV on a warm-toned wooden media unit, and a mid-century button-back armchair in teal lend the space an eclectic, gallery-like personality. Sliding glass doors open from the lounge onto the balcony, framing views across the Cape Town skyline toward Table Mountain.

One secure undercover parking bay is included. The WEX 1 Building offers residents a rooftop pool, lounge bar, communal gym, and laundry room, all underpinned by 24-hour manned security, CCTV, and tag access control. Ground-floor retail and eateries provide immediate convenience — Woodstock Town Hall Park is approximately 32 m away, Shoprite Woodstock is roughly 156 m from the front door, and the Lower Church bus stop is within 300 m for easy city connectivity.

Woodstock's creative and culinary scene — including The Old Biscuit Mill, Woodstock Exchange, The Pot Luck Club, and a host of independent restaurants — is right on the doorstep, making this an outstanding opportunity for discerning owner-occupiers and savvy investors alike.

Rooms & layout

Bedroom × 2
Bathroom
Open-plan Kitchen
Dining Area
Lounge
Balcony
Undercover Parking Bay

Features & amenities

8th floormodernmountain viewscity viewsbalconyparkingsecuritypoolgymopen plan

Price & ownership

Asking price R 2 850 000
Price per m² R 40 141
Municipal valuation -

Cost to buy (indicative)

Purchase type is not confirmed below. Transfer duty is estimated for a standard resale (not a VAT-inclusive developer or vendor sale). Check with the agent.

Upfront split

Property price R 2,9M
Taxes + legal + admin fees R 147K

Rough split: 95.1% purchase price, 4.9% buying costs.

  • Asking price R 2 850 000
  • Transfer duty (est.) R 95 200
  • Deeds Office (transfer) R 2 477
  • Conveyancing (est., incl. VAT) R 49 235
  • Deeds lodgement R 52
  • Total indicative R 2 996 964

Estimates from SARS transfer duty tables, Deeds Office–style fees, and LSSA conveyancing guidelines. Not financial or legal advice — confirm with your attorney. Duty uses the higher of price or market value.

Table ref: sars_2025-04-01

Bond Calculator

R 26 913 /month

Total paid over 20 years (deposit + repayments): R 6 744 220

Deposit 10% · R 285 000
Loan term 20 years
5 yr 30 yr
Interest rate 11.25% p.a.
5% Prime ~11.25% 20%

Monthly repayment vs interest rate (deposit fixed at 10%)

Monthly repayment vs deposit percentage (rate fixed at 11.25%)

Indicative estimate only. Loan of R 2 565 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.