Property
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.

R 1 550 000