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1 Bedroom Apartment For Sale in Woodstock

R1,850,000

616 The Iron Works, 85 Ravenscraig Road

Monthly Bond Repayment R18,470.03
Calculated over 20 years at 10.5% with no deposit.

Web Ref No RLS992454

One Bedroom Apartment with Two Parking Bays and Storeroom

Exclusive Sole Mandate

Modern One-Bedroom Apartment with Two parking bays and a storeroom – The Iron Works.

This stylish unfurnished one-bedroom apartment is situated on the 6th floor of The Iron Works, offering breathtaking mountain views from its private balcony. Perfect for both investors and first-time buyers, this unit combines modern finishes with secure urban living in one of Woodstock’s most sought-after developments, just minutes from the Cape Town CBD.

The apartment features a modern open-plan kitchen and living area, with the kitchen plumbed for one appliance. It includes high-quality contemporary finishes throughout, double-glazed windows and balcony door, and a spacious bedroom with built-in cupboards located just outside the bedroom to optimize space. The private balcony of approximately 3m² showcases stunning mountain views, creating the perfect spot to unwind. The apartment is fibre-ready for high-speed connectivity, fitted with prepaid electricity, and includes two secure basement parking bay and a 5sqm storeroom.

The Iron Works offers 24-hour security with access control and CCTV, ensuring peace of mind. The building is professionally managed by LIME and conveniently located within walking distance to trendy restaurants, cafés, and My Citi transport routes. Its central location provides easy access to major roads and the Cape Town CBD.

This property is an excellent investment opportunity, with high rental demand in the area. The estimated rental income is between R14 000 and R16 000 per month. There is a tenant in place until end January 2026, making it ideal for investors seeking immediate returns.

Levies & Rates
Levy: R1632.42
Parking bay levy: R119.79 x2
Storeroom Levy: R213.94
Rates: R734.28

Please email me to arrange a viewing appointment.

Features

Bedrooms 1
Security Yes
Bathrooms 1
Recep. Rooms 2
Floor Size 50m²
Carports/Parkings 2
Monthly Rates R734.00
Monthly Levy R1,632.00

Agent Contact Details

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