Property
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 2 100 000
Price per m² R 29 577
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 2,1M
Taxes + legal + admin fees R 81,4K

Rough split: 96.3% purchase price, 3.7% buying costs.

  • Asking price R 2 100 000
  • Transfer duty (est.) R 39 786
  • Deeds Office (transfer) R 1 825
  • Conveyancing (est., incl. VAT) R 39 785
  • Deeds lodgement R 52
  • Total indicative R 2 181 448

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 19 831 /month

Total paid over 20 years (deposit + repayments): R 4 969 425

Deposit 10% · R 210 000
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 1 890 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 2 100 000