R 1 890 000 | 2 bed property for sale in stellenbosch central

Property Description

This spacious 2 bedroom apartment is an excellent investment opportunity designed and built for students studying at the University of Stellenbosch due to the convenient location, and being within walking distance of the campus. The two bedrooms, one bathroom apartment have been nicely renovated and the open-plan living space leads out to a private patio. Two carport parking bays are included where residents can securely park their vehicles off street. The property features a communal pool and communal braai area offering excellent security, with a nighttime security guard on duty. Nouveau is about a ten-minute walk from campus and offers beautiful apartments. Additionally, the proximity to University of Stellenbosch ensures a consistent demand for student housing, providing a stable rental income stream. The location also offers easy access to shops, restaurants, and other amenities, enhancing the overall convenience and appeal of the property.


Property Details

Purchase Price R 1 890 000

Building Size78 m2

Price Per SQMR 24230 m2

Type of PropertyApartment

Monthly Rates460

Monthly Levy2900

Land Size3132 m2

Last Updated25 Apr 2024

Rooms

Kitchen1

Bedrooms2

Bathrooms1

Reception Rooms

Lounges1

External Features

Swimming PoolYes

Patio1

Carports2

General Features

SecurityYes

Property Location

Similar Property in nearby suburbs

Agent

Ulric Jooste

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