Facts & Frequently Asked Questions

187 Sir Lowry Road, Woodstock, Cape Town

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40 x Studio Apartments
62 x 1 Bedroom & 1 Bathroom Apartments
30 x 2 Bedroom & 2 Bathroom Apartments

• Bedroom with built-in cupboards
• Spacious open plan living area with modern finishes throughout
• Oven and hob with extractor fan
• Modern vinyl flooring
• Water & electricity metered (usage monitored with personalized app)
• Pre-installed premium fibre service
• DSTV infrastructure

• 24-hour concierge security
• 3 rooftop swimming pools
• Gym facility
• Laundry service (self-service washing and drying facilities)
• Parking in secure access-controlled underground parking
• Fibre optic internet connectivity
• Commercial space with Spar & Tops, Clicks, Bootleggers coffee bar & more
• Off the grid water supply

Off the grid, natural water supply and individually monitored electricity meter.

24-hour security and secure underground parking for both residents, commercial tenants, and visitors alike.

Parking bays are available to purchase at R150,000 per bay, by request.

Yes, parking is included in the price of certain units, as detailed in the price list.

Additional parking bays can be purchased at R150,000 per bay, by request.

Parking & Storerooms

Available on enquiry (sizes & pricing confirmed per request).

No

Furniture packs available on request.

Generator

Fibre Internet

Yes

Pet-friendly

Yes

Furniture packs available on request.

Yes

Yes

Yes

• Sales are live via the interactive price list: https://sales.woodstockquarterapartments.co.za
• Here you can easily browse all the available units and use the filters and sort function to narrow down your search.
• On each unit the layout, all costs and expected rentals are shown.
• You can reserve your preferred unit/s online with a R5,000 reservation fee.

The below list outlines the steps you’ll need to be familiar with in order to have the best chance of securing the unit you want to purchase.

1. Register and log in to https://sales.woodstockquarterapartments.co.za/
2. Click the RESERVE button on your selected unit to start the process.
3. Complete the form and accept the terms: Click RESERVE
4. Your reservation will now move to the pending state where you will have 10 minutes to finalise payment of the reservation fee.
5. You will then pay your non-refundable R5,000 reservation fee via the following methods:
   • Visa or Mastercard
   • Masterpass
   • Snapscan
   • Apple Pay
6. Once the R5,000 fee is concluded, your unit will be reserved!*
7. You will then receive an email from our team confirming your reservation.

* Terms & Conditions apply.

Your shortlist acts as a wish list of units that you have quick access to. Simply click the ADD TO LIST button on your favourite units. You can also reserve your preferred unit directly from the Shortlist.

• Best selection of units.
• Limited number of units being released by the developer.
• Rare opportunity to own in an up and coming Cape Town neighbourhood, with a prime location and proximity to key amenities and tourist attractions.

Financed deals

1. Minimum 10% deposit with the balance in the form of a bond approval
   • Deposit to be paid within 3 days from receiving a signed agreement of sale.
   • The deposit is paid into the transferring attorney’s interest-bearing account and your money will earn interest for you.
   • The balance (90%) will need to be secured within 21 days with bond approval.

Cash deals

1. 30% non-refundable deposit with the balance payable to the transferring attorneys 60 days before lodgement.
2. Minimum 10% deposit with a bank guarantee for the balance of the purchase price supplied within 21 days of purchase.

Yes, the deal is subject to your bond being approved and should it not be approved the deposit is paid back to you with interest. If you are unsure if you can afford the bond it is a good idea to get pre-qualified prior to paying the R5,000 reservation fee, as it is non-refundable.

Bond repayments will only commence once the transfer of the apartment you have purchased has taken place.

The bond registration cost is payable after bond approval and before the bond is registered.

Transfer duty is payable by the buyer in accordance with SARS regulations. Transfer fees (legal/attorney fees) will also apply and are based on the purchase price of the unit.

On a purchase price of R2,450 million, the transfer costs will be R48 036*

To calculate the transfer costs you can click on the below link:

https://www.ooba.co.za/home-loan/transfer-cost-calculator/

NB: Please select yes when it asks if the seller is registered for VAT.

*Please note these are subject to change

Levies are determined in terms of sectional title and exclusive use area of the apartments, parking and storeroom levies are calculated at a standard rate to be determined.

They cover the costs of security, cleaning & upkeep of the common areas, maintenance of the building, building insurance and all running costs and management costs and insurance of the building.

Rates are calculated using actual data pulled from rates bills from the City of Cape Town.

No hidden costs. VAT inclusive, transfer duties. Rates, taxes and CID will apply.

The contract price is the price the client will pay for the property. You must be aware that there is occupational interest due from the date you take occupation until you take ownership (transfer takes place).

The other costs applicable are detailed above and include monthly rates and levies. Bond costs will be payable prior to registration of your bond once you take transfer of your unit. Transfer costs at this point will also be applicable.

Tenants can move in immediately upon transfer. There’s no waiting or construction delay.