Stylish new development in Woodstock, WEX Lofts

8 reasons to get excited, like the starting price of R850 000

Last updated: 29 October 2024 

There’s a stylish new addition to the Woodstock property scene. WEX Lofts, a 118-unit chic apartment block, will be perched right on top of Woodstock Exchange, which puts it slap bang in the centre of everything that is exciting about the neighbourhood. The galleries. The cafés and culture. The city adventures (it’s a three minute walk away from the Old Biscuit Mill). Here are eight reasons to get excited about WEX Lofts. 

This six-story building has 118 apartments, including studios, one-bedroom, and two-bedroom units. Image: WEX Lofts

1. COMPETITIVELY-PRICED APARTMENTS IN WOODSTOCK

Where else can you buy an apartment in town for R850 000? That’s the starting price for a studio apartment. One-bedroom apartments are priced from R1.15 million and two-beds from R1.425 million. 

To see the layout of the apartments and browse the full price list, go to the WEX Lofts website.

The architecture of WEX Lofts is crafted by Bernicchi Architects, a firm known for its work on high-rise apartments and luxury homes. Image: WEX Lofts 

2. VIBRANT LOFTS BY EXPERT DEVELOPERS  

The stylish finishes and modern feel of WEX Lofts are owed to Signatura, known for curating premium, thoughtfully-designed projects across Cape Town. 

Signatura was established by industry icon John Rabie, along with Indigo Properties, the developers behind the Old Biscuit Mill and Woodstock Exchange.

Signatura ensures that WEX Lofts offers both style and substance, appealing to investors and residents alike. WEX Lofts

3. TAX PERKS FOR PROPERTY OWNERS 

WEX Lofts sits in an Urban Development Zone, offering major tax perks for buyers, who can get tax deductions on their taxable income over 11 years. Plus, with Section 13sex of the Income Tax Act, investors with five or more new rental units can claim up to 55% of the purchase price as a tax deduction over 20 years. 

WEX Lofts embodies the spirit of city living, turning each day into an adventure. Image: WEX Lofts

4. EFFORTLESS RENTAL MANAGEMENT

If you’re seeing this as a rental investment opportunity, rental management company Perch Short Stays will make your life so much easier. They handle short-term stays, while Signatura Rentals manages long-term leases, so you can just sit back and enjoy the fruits of your investment.

Woodstock is conveniently linked to the Cape Town CBD and major transport routes. Image: WEX Lofts

5. LOUNGE AREA, GYM, RESTAURANTS & MORE 

Aside from the modern apartments, you’ll enjoy sweet perks like a lounge area with big-screen TVs, communal workspace, 24/7 security, wifi, and a reception desk. Plus, there are on-site cafés and restaurants. 

Right across the street at WEX1, you’ll have access to a pool deck, gym, and a residents’ lounge. 

Woodstock is the ideal spot for WEX Lofts, where the city’s vibrant creativity and urban flair come together. Image: WEX Lofts

6. GALLERIES, CAFÉS, THE WOODSTOCK BUZZ  

Woodstock’s unique, artistic flair makes it one of Cape Town’s most exciting neighbourhoods. WEX Lofts is immersed in this creative hub, surrounded by galleries, trendy eateries, and markets, giving residents a true taste of local culture and that Woodstock buzz. 

WEX Lofts is a thrilling addition to the WEX precinct, driven by the mixed-use WEX1 development. Image: WEX Lofts 

7. DIRECT ACCESS TO WOODSTOCK EXCHANGE

Residents have direct access to Woodstock Exchange, a lively hub brimming with designer studios, boutiques, and cafés. You can have brunch and tapas at Cafe Euphoria, shop natural skincare products at Ash & Mills, or handmade jewellery at Jade Rabbit Design. 

Woodstock Exchange is a haven for creative businesses, perfectly complementing the WEX Lofts lifestyle. Image: WEX Lofts

8. R100 000 LAUNCH DISCOUNT

There’s a launch discount of R100 000 making these lofts even more enticing. 

This offer allows early buyers to save, adding to the overall value proposition for this prime property investment in the heart of Woodstock. You can visit the WEX Lofts website to sign up and unlock your discount.

HOW TO REGISTER & VIEW LOFTS 

WEX Lofts will be launching on 13 November 2024 at 1pm. 

To view all available apartments, make sure to pre-register.

Before launch day:

• Register via the WEX Lofts website

• View and browse the available units 

• Shortlist your favourite apartments 

• Get pre-qualified with betterbond
  

On launch day (1pm, Wednesday, 13 November):

• Log in before 1pm to the WEX Lofts website

• When sales go live, a reserve button will activate

• Start the reservation process by pressing the reserve button on your preferred unit

• Pay R5 000 reservation fee

• Sign the Agreement of Sale within 48 hours 

CONSIDER THIS INVESTMENT 

WEX Lofts is launching: Wednesday, 13 November 2024 at 1pm

Price: From R850 000 - R1.825 million

See address: 66 Albert Road, Woodstock. See on Google Maps

Enquire and register: via the WEX Lofts website 

By Saarah Gierdien 

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