House for sale
Vibrant Woodstock city-edge living with Table Mountain and harbour views; tenant-ready furnished studio, one-bath, communal pool, gym and lounge, walkable cafés and quick access to the City Bowl.
Superbly Positioned and Excellently Priced !!
An excellent combination of LOCATION and PRICE makes 1 on Albert in Woodstock an ideal investment opportunity for seasoned investors, as well as young professionals/first time homeowners.
These high-end furnished studio apartments with the latest in space-savvy appliances have a modern feel and lovely views of Table Mountain and parts of Cape Town harbour. It is fitted with fiber and TV/Netflix and is Tenant Ready. The complex has a lovely communal lounge with TV, and a outside pool and gym. Parking is not included in the purchase price but can be made available for purchase at an extra cost.
Security is key and the complex has close circuit TV, a centrally situated hotel style lobby/reception and a lift to access the underground parking , all eight floors the communual lounge and the pool & gym.
With retail space below, residents will have on-demand access to meeting and eating spots, laundromats, a pharmacy and entertainment areas.
One on Albertis conveniently located in proximity to several key locations and enjoys quick and easy access to the City Bowl and Southern Suburbs, thanks to its strategic positioning between the N2 and N1 highways. It is also in easy reach of Cape Town International Airport (16km), Robben Island Ferry ( 4.6 km) , the V&A Waterfront ( 6.2 km) and Kirstenbosch National Botanical Garden which is only 10 km away.
Woodstockwith it`s abundance of historical landmarks and buildings, cultural activities and creative shops provides for a bespoke ambience, delightful character and a uniquely diverse property market. Apart from its convenient location Woodstock’s continual growth can be ascribed to the successful mix of residential, commercial, artistic and social factors which have been achieved ; thus attracting a broad range of investors, home buyers and tenants. Despite with the escalation in price, many prospective buyers still feel that Woodstock remains more cost-effective than the Atlantic Seaboard and the inner CBD - driving the demand up even further.
Another component, adding to Woodstock’s appeal is that this suburb has been identified as an Urban Development Zone (UDZ).
The opportunity : Opt for Investing early in one or more of the Tenant Ready studio apartments (24 sqm-27sqm ) in 1 on Albert which is known for AirBnB accommodation with high occupancy rate and good yield history !
Listed for sale at R1,143,000
How does this home’s price compare with similar properties?
Price comparison based on 5 similar-sized homes.
Insight
Priced 43% below the local median - and below the typical range across Cape Town.
Compared with 5 similar active listings across Cape Town.
The lower price may partly reflect the smaller floor size. Benchmarked on town-level data where the suburb sample is limited. Premium pockets may trade above town averages - check with the agent for local guidance.
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Woodstock is a vibrant, trendy neighborhood known for its industrial-chic aesthetic, thriving creative scene, and proximity to Cape Town's city center, making it a popular choice for young professionals and artists.
