Sale
South Africa

1

Beds

1

Baths

42 m²

Floor area

Apartment 1 bed 1 bath 42 m²

About this property

Discover effortless urban living in this stylish, fully furnished studio apartment within the iconic WEX 1 building — one of Woodstock's most sought-after residential addresses. Set across 42 m² of thoughtfully designed open-plan space, the apartment blends contemporary finishes with a warm, liveable aesthetic. Large picture windows frame city and harbour rooftop views, while timber-look flooring, navy accent walls, and quality soft furnishings create a cohesive, move-in-ready interior.

The open-plan layout combines a sleek kitchen, lounge, and sleeping area, all complemented by a contemporary bathroom with premium finishes and generous built-in storage throughout. One secure underground parking bay is included.

What truly sets WEX 1 apart is its exceptional communal offering: a rooftop pool with timber deck and harbour outlook, a dramatic multi-storey atrium garden with lush tropical planting and timber seating, a social clubroom featuring a pool table, hanging hammocks, and statement pendant lighting, and a beautifully appointed co-working and lounge area with indoor garden installations. On-site amenities extend to a gym, coffee station, laundry facilities, and 24/7 manned security.

Located in the heart of Woodstock — Cape Town's creative and cultural hub — the building is steps from Woodstock Town Hall Park (~32 m), Shoprite (~156 m), and a MyCiTi bus stop (~300 m), with a vibrant selection of restaurants, eateries, and local markets on the doorstep. No transfer duty applies, making this an accessible entry point for owner-occupiers or investors seeking a high-demand short-term rental asset.

Rooms & layout

Open-plan Bedroom/Sleeping Area
Bathroom
Kitchen
Lounge
Underground Parking Bay

Features & amenities

table mountain viewsfully furnishedairbnb readyrooftop poolgym24/7 securityunderground parkingmodern finishesstoragetimber pool deck

Price & ownership

Asking price R 1 550 000
Price per m² R 36 905
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 1,6M
Taxes + legal + admin fees R 42,9K

Rough split: 97.3% purchase price, 2.7% buying costs.

  • Asking price R 1 550 000
  • Transfer duty (est.) R 10 200
  • Deeds Office (transfer) R 1 347
  • Conveyancing (est., incl. VAT) R 31 280
  • Deeds lodgement R 52
  • Total indicative R 1 592 879

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 14 637 /month

Total paid over 20 years (deposit + repayments): R 3 667 909

Deposit 10% · R 155 000
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 1 395 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.