Only Realty’s development specialist division, Forge Homes, has officially launched The Woodstock, a new mixed-use property development in Woodstock, Cape Town. Two units have already been reserved and further sales are subject to a waiting list.
The Woodstock will offer one and two-bedroom apartments, with prices starting from R 1 616 900. The development will integrate the attractive landmark art gallery Art It Is, maintaining an essential aspect of Woodstock’s cultural landscape.
With a total of 32 units on offer, the project will feature 24-hour security, high-speed Wi-Fi, onsite laundry facilities, and secure parking. Situated on Albert Road, the property is located near the Old Castle Brewery, The Neighbourgoods Market, and The Palms Centre, offering residents the advantages of a vibrant and well-regarded neighbourhood.
Grant Smee, CEO of Only Realty Group, which recently acquired Forge Homes, states, “Woodstock is an attractive option for buyers and investors due to its reasonable price entry level, making it accessible for first-time home buyers and buy-to-let investment specialists.”
Woodstock’s appeal lies in its convenient access to the CBD, Southern Suburbs, University of Cape Town, V&A Waterfront, and the Atlantic Seaboard. Additionally, the area benefits from well-established community security initiatives and the Woodstock Improvement District, which works to enhance safety and local amenities.
Woodstock’s property market has shown a steady year-on-year increase of approximately 8%, reflecting the area’s growing appeal. The neighbourhood’s accessibility and affordability continue to make it a sought-after location for investors and new homeowners.
