INVEST NOW | STELLENBOSCH UNIVERSITY CAMPUS

R 3,950,000

Can I afford this?
7 months ago879 views
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General Details
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):2
Bathrooms (#):2
Size (sqm):57
Parking:Covered
Description
50% sold on pre-launch! Ideal investment opportunity with great rental yield and excellent location in Stellenbosch.

Lithops, a brand new, luxury apartment building in Stellenbosch, is ideally located right opposite the Engineering Faculty of Stellenbosch University. As the ideal student accommodation, residents will enjoy safety and convenience, with classes, restaurants, cafes, and other essential amenities all within a short walking distance from home.

This unit (Unit 8) is modern and stylish, offering 2-bedrooms, with vinyl flooring and quality finishes throughout, including 2 interior mood boards to choose from. The apartments consist of a fully fitted kitchen, bar seating for 2 people, a spacious living area, and the bedrooms including built-in cupboards, space for a desk, and en-suite bathroom for added privacy.

There is a convenient communal braai area for students to enjoy and entertain, as well as retail space on the ground floor.

Included in the purchase price is 1 allocated and secure basement parking bay, and there are additional visitors parking bays.

Located on the corner of Banghoek and De Beer Road, students can enjoy the convenience of walking to class. Stellenbosch is a vibrant town bustling with students, residents, and visitors alike, who enjoy the multitude of hiking and biking trails, and incredible wine farms right on their doorstep.

*Images and descriptions are used to indicate specification and finish of units. Final product may vary*

Property Reference #: RL11612

Agent Details:
Mari Marais
Louw and Coetzee Properties (PTY) Ltd
35 Main Road, Durbanville

Id Subtitle 1236813534
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Estimated monthly repaymentR 42,807
Total property loan amountR 3,950,000
Total interestR 6,323,543
Total repaymentR 10,273,543
Interest rate at 11.75% for 20 years *
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Louw and Coetzee Properties (PTY) Ltd
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