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R1,392,000

0 Woodstock Quarter, 12 Cornwall Street

Monthly Bond Repayment R14,605.64
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R1,120
Monthly Rates
R392

AirBnb Friendly Studio Apartment with Harbour & Ocean Views

This apartment in the popular Woodstock Quarter, offers a fantastic opportunity for investors, first-time buyers, or those seeking a convenient, modern lifestyle close to the city's top attractions. Located just a 5-minute drive from the CBD, it is also near universities, Groote Schuur Hospital, V&A Waterfront, and major highways (N1, N2), with easy access to public transport, including the MyCiti bus route.

The apartment features modern finishes, built-in cupboards, and a balcony. The ensuite bathroom includes a rain shower. Additionally, the unit boasts fibre-ready infrastructure, pre-paid electricity, post-paid water, and double-glazed windows for soundproofing. Residents will also enjoy breathtaking harbour and ocean views from the balcony, as well as the convenience of basement parking.

Communal amenities include rooftop pools, a gym, braai areas, and a recreational deck, all within a secure building featuring 24-hour manned security, strict access control, and tag-based floor access. Onsite retailers like SPAR, Tops, Clicks, and Bootlegger Coffee add to the convenience of the location. The property is Airbnb-friendly, making it a great option for short-term letting, with strong rental yield potential.

Pet-friendly (on application approval).

The current lease in place runs until January 2025.
Current rental income of R9,000 per month (less management fees).

Monthly levies, including the parking bay: R1,120.
Monthly rates and taxes: R392.00.

This apartment offers a unique blend of modern living, investment potential, and proximity to key city locations, making it ideal for student accommodation, young professionals, or investors seeking a high return.

Features

0.5
1
Pets Allowed
Yes
Interior
Bedrooms
0.5
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Security
Yes
Pool
Yes
Views
Yes
Sizes
Floor Size
32m²

Woodstock, Cape Town

Woodstock Property Woodstock Location Woodstock is one of Cape Town's trendiest suburbs. A vibrant suburb located at the foot of Devil's Peak, immediately adjacent to the Cape Town CBD, Woodstock is known for its incredible downtown culture. Hidden magic lies around every corner with her vividly painted Victorian era houses, cafes, bakeries, restaurants, art studios and startups. The old-world charm combines...
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

14,605.64

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