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House in Stellenbosch - MR653519

R 2,450,000
3
bed
3
bath
1
garage
86m2
floor area
175m2
erf size
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3
3
1
86m2
175m2
Stellenbosch - MR653519
House in Stellenbosch, WCape - Stellenbosch,Franschhoek,Paarl, Western Cape
R 2,450,000

Property Overview

Secure an Ideal proven Student Multi let opportunity.

Situated in a developing part of Stellenbosch, Tweespruit is famous among students and working professionals looking for a more quiet lifestyle.

Rental Income:
Current monthly rental: R19,500 (R6,500 x 3 rooms) Leases end December 2024
Rental from January 2025: R21,600 (R7,200 x 3 rooms) Leases in place.
Gross Yield: [hidden]
Furniture included to the value of R106 000

Stellenbosch is a renowned university town with a high demand for student accommodation due to its prestigious university and growing student population. Investing in student multi-let properties here offers several advantages:

Consistent Rental Demand: With thousands of students enrolling every year, there's always a need for well-located, quality housing. This ensures a steady flow of tenants and minimal vacancies.

Attractive Yields: Student rentals typically generate higher yields compared to standard residential properties, especially in prime areas like Stellenbosch. Multi-let properties allow investors to maximize rental income per room.

Long-Term Capital Growth: Stellenbosch is a high-demand area with limited space for new developments, pushing property values up over time. This results in both rental income and property appreciation.

Yearly Lease Cycles: Fixed academic terms make it easier to plan and structure rental agreements, often securing leases in advance, which provides reliable cash flow.

In Stellenbosch, investing in student multi-let properties not only offers financial returns but taps into a stable, evergreen market driven by education and demand for quality housing.

Don’t Miss Out on This High-Yield Investment Opportunity!

Ready to secure a solid, hassle-free income stream in Stellenbosch’s booming student rental market? Whether you're a seasoned investor or a parent looking to invest in your child’s future, Unit 54 offers unbeatable returns!

Contact us today to schedule a viewing or get more details. Your high-performing investment is just a call away.

...read more

Property Key Features

Rooms

  • 3 Bedrooms
  • 3 Bathrooms

Services

  • Levy R700
  • Rates and Taxes R2200

Parking

  • Garage

More Features

  • Property Type - House
  • Seller Type - Private Property
  • Floor Area - 86m2
  • Erf Size - 175m2
  • Price per square floor meter - R28,488 per m2
  • Price per square erf meter - R14,000 per m2

Property Photos

Contact Info

Owner details

Contact Heinrich Kapp

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email or phone number
email or phone number
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Phone Agent Now
Phone number for Heinrich Kapp
0813967764

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