SHOWING LISTING 1 OF 1
 
GET EMAIL
ALERTS
Tour here

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. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R690
Monthly Rates
R1,000
Special Levy
R2,500

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

2
1
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
2
Security
Yes
Pool
Yes
Sizes
Floor Size
68m²

Woodstock, Cape Town

Situated nearby to Cape Town's bustling CBD and set against the slopes of Devil's Peak with magnificent harbour views, lies the vibrant, multicultural suburb of Woodstock, famed as being one of the oldest suburbs in Cape Town. With affordable, restored Victorian semi-detached homes that have stood the test of time surrounding the busy streets, life in Woodstock offers the perfect blend between inner-city living and...
More Info

In the news

Woodstock, Observatory property shortages favour sellers
As with most of Cape Town, the suburbs of Woodstock, Salt River and Observatory (Obs) are currently experiencing a shortage of properties for sale which has now given sellers the edge in the market, says Craig Algie, a property...
 
  • 1
 

Get Email Alerts

Sign-up and receive Property Email Alerts of Apartments for sale in Woodstock, Cape Town.

I accept your privacy terms. Privacy Policy
We will communicate real estate related marketing information and related services. We respect your privacy. See our Privacy Policy

Disclaimer: While every effort will be made to ensure that the information contained within the Seeff Southern Suburbs website is accurate and up to date, Seeff Southern Suburbs makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

R
R

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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

23,461.93

You currently have no favourites.
Click on the favourite icon for a property to add it to your favourites.