WEX LoftsExclusive Luxury 38m² 1-Bedroom Apartment in Woodstock

About

Ditch the suburbs, embrace the beat. Set above the Woodstock Exchange at 66 Albert Road, Signatura has enhanced this iconic retail and commercial hub with 118 stylish pads boasting panoramic views, awesome amenities, and ultra-chic design. WEX Lofts is your front-row seat to Woodstock’s creative pulse. 

Think eye-grabbing street art, avant-garde galleries, caffeine-fuelled adventures, and a non-stop cultural scene at the cutting edge of cool.

The estimated completion date is December 2025.

 Facts & Features

• 6-storey building consists of 118 apartments and will consist of studios, one and two bedrooms available for sale
• 24-hour on-site security & concierge
• Gym access
• Fourth-floor pool access of Wex1
• Communal workspace of Wex1 
• Gym and swimming pool access in Wex1
• Access to your unit will be secured through a tag access system and facial recognition technology.
• Standard package with a 20/20 MB internet line covered by the levies

Apartment Description

• Unit 619
• 6th Floor
• Direction: East Facing
• Total Size 38m2 no balcony
• Installed Fitted Fixtures Included
• Address: 66 Albert Road, Woodstock

Apartment Specifications

• Levies: R2 188 pm
• Rates: R774 pm
• Est. Bond Cost: R11 517 pm
• Total Monthly Cost: R14 479pm
• Est. Rental: R14 000 pm
• Net Return: 11.04%
• Monthly shortfall: R479 pm

Who is the Developer?

Signatura & Indigo Properties

Simple Reasons to Invest

• High rental demand area
• Only 10% deposit required
• Fully furnished packages available
• Short-term rental friendly
• Urban Development Zone tax benefits
• Guaranteed rentals on select apartments
• Projected net yields from 7% pa
• Short build time

How to Reserve Unit 619

• Please note that by clicking "I Want One", you will be redirected to the sales platform.
• You will be required to login or register if this is your first time visiting the interactive price list.
• Click reserve and follow the prompts to pay a R5,000 reservation deposit.

Should someone beat you to this unit, join us for the online sales launch on Wednesday, 13 November at 1pm where the remainder of the units will become available for sale.

Urban Development Zone

The UDZ expiry date has been extended by 2 years, and any new property that transfers before expiry is eligible for up to 55% Tax deduction from SARS. Deductible over 11 years.

How it works

• Purchase a property for R1,4 million
• Discount = R200 000 (if purchased on launch)
• Final purchase price = R1,2 million
• Up to 55% of this can be claimed as a tax deduction (R660 000) over 11 years
• 20% of the R660 000 (R132 000) can be claimed as a tax deduction in year 1
• 8% of the R660 000 (R52 800) can be claimed as a tax deduction for the following 10 years
• Total tax deduction after 11 years = R660 000

For more information visit WEX Lofts   

• Please note that by clicking through on this property, you confirm that Signatura & Indigo Properties may get in touch with you directly in order to facilitate the sale
• Renders displayed in our marketing collateral are merely artist’s impressions of the developments and the finished development may vary from the render
• The furniture in certain marketing collateral does not come with the unit. Our units are sold unfurnished unless otherwise stipulated

Terms & Conditions Apply