Sale
South Africa

2

Beds

1

Baths

41 m²

Floor area

Apartment 2 beds 1 bath 41 m²

About this property

A compelling inner-city investment opportunity in the award-winning ONE ON ALBERT development in Woodstock, Cape Town — with VAT included in the purchase price and no transfer duty payable. Designed by acclaimed architects Peerutin Karol, this pioneering 2021 mixed-use development comprises 165 units across 8 floors, with a distinctive multi-storey façade clad in green, orange and white panels — a new Woodstock landmark.

This intelligently planned 41 m² micro apartment delivers two bedrooms, one bathroom, and an open-plan living and kitchen area. The galley-style kitchen features sleek grey gloss lower cabinetry, crisp white upper units, stone-look composite countertops, a subway-tile splashback, single sink, and space for a microwave and under-counter appliances. Wood-look laminate flooring flows throughout the kitchen and living area. The compact lounge accommodates a charcoal two-seater sofa, gold geometric side tables, a dining area, and abstract wall art — a surprisingly liveable space for its footprint.

Both bedrooms are fitted with built-in wardrobes and dressed in crisp white linen. The second bedroom enjoys a large aluminium-framed sliding window with full-length white curtains, framing open views over the green railway buffer reserve. From the building's upper-floor balconies, Lion's Head and the Cape Town CBD skyline provide a dramatic backdrop — clearly visible from the street-level elevation.

Building amenities include a communal swimming pool, ground-floor retail, fibre internet, Netflix/DStv access, and 24-hour security with access control. The development sits directly on the MyCiTi bus network — the Lower Church stop is approximately 300 m away. Everyday conveniences are right on the doorstep: Woodstock Town Hall Park is 32 m away, Plaza Café is roughly 70 m, and Shoprite Woodstock is within 160 m. Moroccan Sultana restaurant and Afrisian Vietnamese Authentic Street Food are within metres of the front door.

Financing of up to 106% of the purchase price is available for qualifying first-time buyers and investors. Specialist short-term and long-term rental management services are available, making this unit equally suited to young professionals, first-time buyers, and buy-to-let investors seeking Airbnb or long-term rental income.

Rooms & layout

Bedroom × 2
Bathroom
Kitchen
Living / Dining Area

Features & amenities

micro apartmentluxuryinvestment propertyno transfer dutysemi furnishedfibre internetpoolsecurityretail shoppingairbnb suitable

Price & ownership

Asking price R 1 800 000
Price per m² R 43 902
Municipal valuation -

Cost to buy (indicative)

This listing is marked as a VAT-vendor sale. The price is treated as VAT-inclusive; transfer duty does not apply. Registration and conveyancing fees still apply.

Upfront split

Property price R 1,8M
Taxes + legal + admin fees R 36,9K

Rough split: 98.0% purchase price, 2.0% buying costs.

  • Asking price R 1 800 000
  • Deeds Office (transfer) R 1 564
  • Conveyancing (est., incl. VAT) R 35 305
  • Deeds lodgement R 52
  • Total indicative R 1 836 921

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 16 998 /month

Total paid over 20 years (deposit + repayments): R 4 259 507

Deposit 10% · R 180 000
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 1 620 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.