Sale
South Africa

2

Beds

2

Baths

1

Parking

86 m²

Floor area

Apartment 2 beds 2 baths 86 m²

About this property

Exclusive sole mandate – NO TRANSFER DUTIES. This fully furnished two-bedroom, two-bathroom apartment in the sought-after WEX 1 development offers a modern, convenient lifestyle in one of Cape Town's most dynamic neighbourhoods. Ideally located in the heart of Woodstock, just minutes from the CBD, the apartment is perfectly suited to professionals, digital nomads, or investors seeking strong Airbnb returns in a high-demand area. The apartment boasts a sleek open-plan kitchen and dining area, a spacious lounge, and a private 14 sqm balcony with uninterrupted views of Table Mountain & Lion's Head. Woodstock delivers a vibrant urban lifestyle, with trendy coffee shops, art galleries, boutique stores, and popular markets right on your doorstep. Airbnb-friendly and sold fully furnished, this unit offers excellent short-term rental potential, with consistent demand from both tourists and business travellers. Residents enjoy premium building amenities, including a rooftop pool and bar, gym, co-working space, and one secure parking bay.

Rooms & layout

Bedroom × 2
Bathroom × 2
Kitchen
Lounge
Dining Area
Balcony
Garage

Features & amenities

fully furnishedrooftop poolgymco-working spacesecure parkingbalconymountain viewsAirbnb-friendly

Price & ownership

Asking price R 3 050 000
Price per m² R 35 465
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 3,1M
Taxes + legal + admin fees R 167,3K

Rough split: 94.8% purchase price, 5.2% buying costs.

  • Asking price R 3 050 000
  • Transfer duty (est.) R 112 856
  • Deeds Office (transfer) R 2 650
  • Conveyancing (est., incl. VAT) R 51 755
  • Deeds lodgement R 52
  • Total indicative R 3 217 313

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 28 802 /month

Total paid over 20 years (deposit + repayments): R 7 217 499

Deposit 10% · R 305 000
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 2 745 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.