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INVEST IN STUDENT ACCOMMODATION
R 3,100,000
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18 days ago45 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):5
Bathrooms (#):3
Size (sqm):136
Parking:None
Description
Invest in the heart of Stellenbosch, where opportunity meets history and culture. This property presents a golden investment opportunity in one of the Western Cape's most vibrant locales. As the second oldest town in South Africa, Stellenbosch boasts a rich heritage and plays a pivotal role in the region's renowned wine industry and thriving tourism sector.
At the core of this opportunity is Stellenbosch's status as a distinguished university town. Renowned for its academic excellence, Stellenbosch University attracts a steady and growing student population. History has shown that residential properties in student-centric towns consistently outperform national averages in capital growth. This trend is attributed to the enduring demand for accommodation fueled by the influx of students, creating a sustainable rental market.
Stellenbosch University, a prominent institution in the heart of the town, faces the ongoing challenge of providing sufficient on-campus housing for all its students. Consequently, there exists a consistent demand for private accommodation, particularly sectional title units in close proximity to the campus. This property strategically positions itself to cater to this perennial demand, presenting an enduring investment opportunity.
The property market in Stellenbosch, driven by the thriving local economy and the continuous rise in student numbers, remains resilient even in challenging economic climates. The student housing sector, in particular, has proven to be defensive, maintaining stability even when the broader economy faces uncertainties. Investing in this property ensures a foothold in a sector that stands strong amidst economic fluctuations, as students persist with their studies irrespective of external pressures.
Seize this chance to invest in a property that not only aligns with the historical charm and cultural significance of Stellenbosch but also taps into the ever-growing and resilient student housing market. Embrace the golden opportunity to be a part of Stellenbosch's dynamic future.
Current rental of R27500pm until 30 November 2024.
Property Reference #: 7002001-27363
Agent Details:
Quintus Bouwer
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
At the core of this opportunity is Stellenbosch's status as a distinguished university town. Renowned for its academic excellence, Stellenbosch University attracts a steady and growing student population. History has shown that residential properties in student-centric towns consistently outperform national averages in capital growth. This trend is attributed to the enduring demand for accommodation fueled by the influx of students, creating a sustainable rental market.
Stellenbosch University, a prominent institution in the heart of the town, faces the ongoing challenge of providing sufficient on-campus housing for all its students. Consequently, there exists a consistent demand for private accommodation, particularly sectional title units in close proximity to the campus. This property strategically positions itself to cater to this perennial demand, presenting an enduring investment opportunity.
The property market in Stellenbosch, driven by the thriving local economy and the continuous rise in student numbers, remains resilient even in challenging economic climates. The student housing sector, in particular, has proven to be defensive, maintaining stability even when the broader economy faces uncertainties. Investing in this property ensures a foothold in a sector that stands strong amidst economic fluctuations, as students persist with their studies irrespective of external pressures.
Seize this chance to invest in a property that not only aligns with the historical charm and cultural significance of Stellenbosch but also taps into the ever-growing and resilient student housing market. Embrace the golden opportunity to be a part of Stellenbosch's dynamic future.
Current rental of R27500pm until 30 November 2024.
Property Reference #: 7002001-27363
Agent Details:
Quintus Bouwer
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
Id Subtitle 1274215344
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Estimated monthly repaymentR 33,595
Total property loan amountR 3,100,000
Total interestR 4,962,781
Total repaymentR 8,062,781
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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EXP Realty
Selling for 2+ years
Total Ads7.26K
Active Ads7.26K
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