Sale
South Africa

2

Beds

1

Baths

71 m²

Floor area

Apartment 2 beds 1 bath 71 m²

About this property

Immaculately presented 71 m² corner apartment at The Iron Works, one of Woodstock's most recognised city-fringe developments. The open-plan living and dining space is finished in a crisp all-white palette with polished concrete-effect floors, a coffered ceiling with recessed downlighting, and floor-to-ceiling sliding doors that open to a balcony with elevated city views. The sleek galley-style kitchen features handleless white cabinetry, a subway-tile splashback, stainless-steel extractor, built-in oven, microwave, and space for a washing machine — all appliances in situ. Two well-proportioned bedrooms and a bathroom complete the layout. The apartment comes with one dedicated secure parking bay, with the option to rent a second bay. The development permits short-term rentals, making this an equally compelling buy-to-let or owner-occupier purchase. Woodstock Town Hall Park is just 32 m away, Shoprite Woodstock is within 160 m, and a MyCiTi bus stop (Lower Church) is approximately 300 m on foot.

Rooms & layout

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

Features & amenities

modern finishescorner unitopen plan kitchensecure parkingshort term rental allowedinvestment opportunitydishwasherwashing machineopen plan layoutcity views from balcony

Price & ownership

Asking price R 2 250 000
Price per m² R 31 690
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 2,3M
Taxes + legal + admin fees R 92,5K

Rough split: 96.1% purchase price, 3.9% buying costs.

  • Asking price R 2 250 000
  • Transfer duty (est.) R 48 786
  • Deeds Office (transfer) R 1 955
  • Conveyancing (est., incl. VAT) R 41 675
  • Deeds lodgement R 52
  • Total indicative R 2 342 468

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 21 247 /month

Total paid over 20 years (deposit + repayments): R 5 324 384

Deposit 10% · R 225 000
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 2 025 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.