R3,790,000
R3,790,000
Monthly Bond Repayment R41,072.50
Calculated over 20 years at 11.75% with no deposit.
Change Assumptions
INVEST IN STUDENT ACCOMMODATION
This well-maintained property, situated on a corner erf just 900 meters from Stellenbosch University and opposite the Stellenbosch NG North Church, is perfect for student accommodation, generating a rental income of R25,000 per month. An investor with a keen eye for opportunity can easily turn this property into a high-yield investment.
Features include:
A cozy living room with a fireplace
A kitchen with ample built-in cupboards, a loose stove, washing machine, and pantry
5 bedrooms with loose-standing cupboards and beautiful wooden floors
3 bathrooms, with one en-suite
Parking behind an electric gate
Security features like electric fencing, cameras, an alarm system, and burglar bars
Fibre-ready connectivity and pre-paid electricity
An outdoor patio for braaiing
Option to rent an excellent domestic servant 3 times a week
Stellenbosch offers a luxurious lifestyle in the heart of the Cape Winelands, with a vibrant student culture, nearby beaches, and easy access to Cape Town International Airport.
Current rental of R27500pm until 30 November 2024.
Features
Interior
Exterior
Sizes
Extras
Fibre • Safe Location • Brick • Near Park • Open • Near Shops • Washing Facilities(in building) • Near University/Campus • High Speed Internet • Built In Appliances • North • Closed Circuit TV • Furnished • Corner Lot • Concrete • City Center • Contemporary • Upgraded Bathroom • Shower
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