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R1,195,000

16 De Werf 1, 87 Simons Way

Monthly Bond Repayment R12,538.61
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R1,900
Monthly Rates
R330

Investment Opportunity: Secure and Neat Loft Apartment in De Werf 1

This neat and secure loft apartment in De Werf 1 presents an exceptional investment opportunity, whether you're entering the property market or expanding your portfolio. Nestled in the picturesque De Wijnlanden suburb, this one-bedroom loft offers a tranquil living environment with excellent security for peace of mind. Its prime location ensures easy access to major hubs like Stellenbosch, Somerset West, and Cape Town International Airport, all within a 20-minute drive. Nearby amenities include the Sanbury Square shopping center across the road and the proximity to renowned wine farms such as Vergenoegd Low Wine Farm and Spier Wine Farm, perfect for enjoying wine tastings and farm-to-table dining experiences.
The apartment boasts recent upgrades, including the top bathroom, a renovated kitchen with beautiful wooden countertops and an extended loft area for added living space. It features the convenience of two bathrooms—one on the bottom floor and one upstairs, enhancing ease of use for residents. The open-plan kitchen seamlessly connects to the dining and lounge area, creating a welcoming and functional environment. Residents can relax at the communal pool on hot summer days and utilize the braai facilities for entertaining. The property includes one secure parking space for convenience and safety.
Currently leased until 31 January 2025, with a monthly rental income of R9500, this property offers a gross return on investment of 9.2%. This makes it an attractive option for investors seeking steady rental income and solid returns. Living in De Werf 1 blends modern city convenience with a relaxed country lifestyle in the Stellenbosch Winelands, surrounded by vineyards and offering serene views of majestic mountains and wineries.
Key Features:
- Renovated kitchen with beautiful wooden countertops.
- Two bathrooms for convenience (one on each floor).
- Extended living space in the loft area.
- Secure complex with 24-hour security.
- Communal pool and braai facilities.
- One secure parking space.
Don't miss this exceptional investment opportunity. Contact us today to schedule a viewing and explore the potential of this stunning loft apartment firsthand.

Features

1
2
Pets Allowed
Yes
Interior
Bedrooms
1
Bathrooms
2
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Pool
Yes
Sizes
Floor Size
63m²
Extras
Near Hospital • Renovated • Near Schools • Near Park • Near Airport • Near Shops • Built In Appliances • Upgraded Bathroom • Near Golf Course • Near Public Transportation • En-suite Bathroom • Near Highway • Near Shopping Mall • Near University/Campus • Common Areas • Safe Location • Near Fitness centre
 
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Disclaimer: While every effort will be made to ensure that the information contained within the EXP Realty website is accurate and up to date, EXP Realty makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

12,538.61

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