Cape Town suburbs such as Woodstock and Observatory are fast on the turn due to a ton of investment, the displacement of locals and a hefty splash of gentrification. Craft furniture stores and hip coffee spots along with urbane highrises are all on the cards for these areas and with all the fancy new development, you can betcha the prices will match.
Last month we shared an inside look at a Cape Town development selling million rand apartments ranging from 21 to 75 square meters on Albert street in Woodstock.
The latest in micro developments comes from Rawson Developers who’ve launched a new luxury apartment development in Observatory, Cape Town called The Westwood. The new high-end apartments are reportedly targeted at students (or their parents), with prices starting at R1.2 million for just 34 square metres.
The Westwood development offers “64 designer apartments with state-of-the-art security, a scenic rooftop entertainment deck with heated pool and outdoor gym. All apartments feature floor to ceiling glass doors and windows and views from all balconies in every unit.”
The Westwood micro-apartments start at R1.2 million for 34 square meters, moving up to 71–97 square metres for a two bed, two bath apartment, which range between R2.55 million and R3.95 million. Take a sneak peek below and let us know in the comments if you would invest in a micro-apartment like this.