SHOWING LISTING 1 OF 1
 
GET EMAIL
ALERTS
Tour here

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. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R1,632
Monthly Rates
R734

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

1
1
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
2
Security
Yes
Sizes
Floor Size
50m²

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

18,470.03

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