Take a look inside Cape Town’s new R1 million micro-apartments


Take a look inside Cape Town's new R1 million micro-apartments

Cape Town’s brand new 21 to 75 square meter micro-apartment development has begun construction on Albert street in Woodstock.

Once completed, these little homes will feature modern finishes and include SMEG appliances, flat-screen smart TV’s, as well as uncapped/unshaped fibre internet and will cost you anywhere from R1 million to R1.65 million – with no transfer duty.

Related | Take a look inside the tallest building set for construction in Cape Town

Woodstock is 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 Woodstock and with all the fancy new development, you can betcha the prices will match.

Millennials are prepared to sacrifice space and purchase smaller meterage units if the location is right. They want to be close to the city centre, close enough to walk, bike, or rely on public transportation.” Byron Kruger, Dogon Group properties.

The block, called ‘1 On Albert‘ is designed by architects Louis Karol with the interiors designed by Grant Gillis and will also have self-contained communal features such as recreational spaces, shops, a food court, laundromat, heated swimming pool and more. Construction on 1 On Albert is expected to be completed by December 2020.

Take a look at what’s being developed below and read more on the latest local news right here.

Studio Apartment includes:

1 Bath
1 Lounge
Interior from 21m2 – 24m2
Priced from R913,000

1 Bedroom Apartment includes:

1 Bed
1 Bath
1 Lounge
Interior from 39m2
Priced from R1,633,000

 

 

 


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