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Woodstock, Woodstock, Cape Town, Western Cape
R 1 250 000
This well-appointed 21sqm studio apartment in the popular 1 On Albert development offers a rare combination of strong investment and lifestyle appeal. One of the few units featuring a +/- 15sqm private, astroturfed courtyard. The unit performs very well on short-term letting and long-term letting, generating around an 11% net yield. The studio is fully furnished and equipped with a two-plate gas hob, ensuring efficient day-to-day living. Residents enjoy access to a communal recreation room with pool and lounge area, as well as a nearby outdoor set up complete with TRX straps, dip bars, pull-up bars and a battle rope. With low monthly running costs, excellent amenities, and solid rental demand, this property presents an attractive turnkey investment or lock-up-and-go city pad.
Estimated monthly repayment
R 11 804
on a R 1 125 000 bond over 20 years at 11.25%
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Woodstock, Woodstock, Cape Town, Western Cape
Fair-value check
Fairly pricedIn line with comparable 5-bed apartments for sale in Woodstock
Based on 57 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Dalen Ramnarain
The Storey Real Estate
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