0.5 Bedroom Apartment For Sale in Stellenbosch Central
R1,680,000
5323 Studios On Park, 5 Verreweide
Monthly Bond Repayment R18,206.28
Calculated over 20 years at 11.75% with no deposit.
Web Ref No RL14412
Affordable, Upmarket Student Living on Green Route
Fantastic investment opportunity awaits with this semi-furnished, spacious bachelor apartment! Generating an impressive rental income of R 126,000.00 per annum in 2024, this unit promises lucrative returns for investors. Situated on the secure 2nd floor with double glazed tilt & turn doors for added safety, tenants will feel reassured by onsite security guards, electric fence, CCTV surveillance, and controlled access.
Conveniently located within walking distance to campus, Studios on Park offers communal amenities including a kitchen, lounge, laundry, outdoor braai area, and access to Die Weides Park. Tenants benefit from weekly room cleaning and complimentary fibre internet, ensuring high occupancy rates and consistent rental income.
Don't miss out on this exceptional investment opportunity! Contact me today for more information or to schedule a viewing. Joint Mandate