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2 Bedroom Apartment For Sale in Woodstock

R2,350,000

823 The Iron Works, 85 Ravenscraig Road

Monthly Bond Repayment R23,461.93
Calculated over 20 years at 10.5% with no deposit.

Web Ref No RLS991396

Secure top-floor two-bedroom apartment with storeroom

Secure top-floor two-bedroom apartment with two parking bays and a storeroom – The Iron Works.

Offering modern finishes and open-plan living, this unfurnished apartment includes two parking bays and a private balcony, making it an attractive option for savvy investors and first-time homeowners alike.

Property Features
Open-plan kitchen and living area, plumbed for two appliances
Contemporary finishes throughout
Two bedrooms with built-in cupboards
Bathroom with a large shower.
Double-glazed windows and sliding door.
Fibre-ready for high-speed internet
Prepaid electricity meter
Two secure basement parking bays
16 m² storeroom included – a rare find!

Building & Location Highlights:
24-hour security with access control and CCTV surveillance
Professionally managed by LIME Managing Agents
Ideally located within walking distance to trendy eateries, coffee shops, retail outlets, and MyCiTi public transport
Just minutes from Cape Town CBD, the V&A Waterfront, and major highways

Investment Opportunity:
Strong rental demand in the area
Estimated rental income: R16 000 – R18 000 per month
Tenant in place until end of November 2025 – immediate return on investment

Special Levy: R2 500

Levy: R690

Rates: R1 000

Please email me for a viewing appointment

Features

Bedrooms 2
Security Yes
Bathrooms 1
Recep. Rooms 2
Floor Size 68m²
Carports/Parkings 2
Pool Yes
Monthly Rates R1,000.00
Monthly Levy R690.00

Agent Contact Details

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