R 999 000 | apartment property for sale in woodstock

Property Description

Student Accommodation Gold in the Heart of Woodstock! This is your chance to snap up a cleverly designed 30sqm studio apartment in one of Cape Town’s hottest urban hubs – Woodstock – with massive potential as student accommodation just a few months from now. Currently part of a fully managed micro-apartment block, this property is ideal for the investor who knows the power of location future income. Here’s the breakdown: • Just one year left on a fixed 5-year participation lease (expires April 2026), delivering R4,700/month net after levies (R1,600) and 16% agency fees. • Future rental potential of around R11,500/month once you place your own tenant – that’s more than double the current net! • Ideal timing: Delay transfer until July/August 2025, so you’ll only need to ride out a few more months on the current lease. Why this is a smart play for student accommodation: • Close proximity to UCT, CPUT, and other institutions. • Safe, fully-managed block with lifestyle amenities like a gym, pool, deck, lounge, and bar. • Shops and restaurants downstairs – including Spar, Tops, Simply Asia, Darling Brewery, and Liquid Gold Coffee. • Excellent transport access with MyCiTi, cycle routes, and the train station on your doorstep. • Walk to Woodstock Exchange – Cape Town’s coolest creative hub. With Cape Town’s student housing market in high demand, this property is a future cash cow waiting to happen. Secure it now, cover your costs for the next few months, and take full advantage when the lease ends. Get in touch today to make this investment move before someone else does!


Property Details

Purchase Price R 999 000

Building Size30 m2

Price Per SQMR 33300 m2

Type of PropertyApartment

Monthly Rates450

Monthly Levy1800

Last Updated14 Apr 2025

Rooms

Kitchen1

Bathrooms1

Reception Rooms

Lounges1

External Features

Swimming PoolYes

Carports1

General Features

SecurityYes

Property Location

Similar Property in nearby suburbs

Agent

Nancy Oeschger

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