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R 995 000

1 Bedroom Apartment / Flat for Sale in Woodstock

Woodstock, Cape Town

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1
1
28 m²

Contact Agent

Yusuf Wassung

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The Scholar Suite

This well-located, fully furnished studio apartment is a rare find, offering not only comfortable living but also excellent value as an investment property. Managed by a reputable agent within a VAT-registered entity, this property is part of a professionally run student accommodation complex, ensuring consistent demand and hassle-free management.

Property Highlights:

Selling Price: R995,000

Valuation: R1,195,000 (a R200,000 or 17% discount)

VAT Benefits: As the property is held in a VAT-registered entity, the buyer will receive a VAT rebate of 15%, amounting to R149,250, effectively reducing the buyer’s exposure to R845,750 after the VAT is refunded.

With its strategic location, strong management, and significant VAT rebate, this studio is an ideal investment opportunity for buyers seeking an affordable entry into the student accommodation market, with excellent...

Bedrooms: 1

Bathrooms: 1

Pool

Listing number: P24-115080882, Image number: 1

Listing number: P24-115080882, Image number: 2

Listing number: P24-115080882, Image number: 3

Listing number: P24-115080882, Image number: 4

Listing number: P24-115080882, Image number: 5

Listing number: P24-115080882, Image number: 6

Listing number: P24-115080882, Image number: 7

Listing number: P24-115080882, Image number: 8

Listing number: P24-115080882, Image number: 9

Property Overview

Listing Number

115080882

Type of Property

Apartment / Flat

Listing Date

16 October 2024

Erf Size

717 m²

Floor Size

28 m²

Price per m²

R 35 536

Levies

R 1 885

Rates and Taxes

R 373

Rooms

Bedroom

Bathrooms

Reception Rooms

External Features

Pool

Yes

Points of Interest

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