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Idasvallei, Idasvallei, Stellenbosch, Western Cape
R 6 500 000
Discover a great investment opportunity with this student accommodation property ideally located within walking distance to the campus. This property features four bedrooms inside the main residence, providing ample space for student living. Additionally, there is a granny flat with a bedroom and a separate bachelor unit, offering versatile rental options. Enjoy a steady rental income of R65,000 from this well-positioned student accommodation. The property's four-bedroom main house, coupled with the two-bedroom granny flat and a bachelor unit, caters to the demand for affordable and accessible housing among students. Beyond its proximity to the campus, this investment property is also conveniently close to various amenities, enhancing its appeal to both students and potential tenants. With a balanced approach, this property represents a sound investment in the student housing market.
Estimated monthly repayment
R 61 381
on a R 5 850 000 bond over 20 years at 11.25%
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Idasvallei, Idasvallei, Stellenbosch, Western Cape
Approximate location — the pin is centred on the suburb. The landlord will share the exact address on enquiry.
Listed by
Anika Naidoo
Unclaimed listing — claim it to verify
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