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New 2 bedroom duplex houses
R 1,710,000
Can I afford this?
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):2
Bathrooms (#):2
Size (sqm):68
Video
Description
Construction to commence early 2024
Limited 2 bed 1 bath and 2 bed 2 bath Duplexes Available
Situated on the outskirts of Stellenbosch near Welgevonden.
Redwood Estate, a connected living estate with proximity to Stellenbosch CBD and the university campus is now open for
investment.
Stellenbosch has proven to be a consistently high rental demand area for student accommodation making this investment opportunity a fantastic move for any investor's portfolio. Due to the area of Stellenbosch retaining a high and ever rising rental demand among students, this is a great investment opportunity for student and young professional letting.
Units vary in price but are selling from R1 660 000 to R1 710 000 There is potential to make up to R17 000 rental income per month when renting to students and R13 000 per month when renting on a long term basis with assistance from our strategic property agents.
The beautiful eco-friendly Redwood estate in Stellenbosch now offers investors the opportunity to capitalize on short term Airbnb rental opportunities to assist in increasing rental yields. Only 15% of the estate is approved for short term rentals, so don’t miss your chance to capitalize today.
Contact one of our property agents today and they will assist in securing your reservation and directing on next steps for bond approval.
Located in Stellenbosch, with direct Access to the R304 / Winelands
Ideal lock-up-and-go units with 24-hour security
Redwood Estate offers a variety of investment options, from apartments to duplex homes.
Transfer fees are included
24-month subsidized levy on 2 Bedroom Apartments
Bond registration costs will apply
Green spaces and green solutions
All units fitted with inverter with up to 4 hours power (no more loadshedding)
Outdoor gym
Fibre ready
Units are equipped with pre-paid water and electricity / e-wallet system.
Rates And Taxes: 400
Levies: 1400
Property Reference #: 163
Agent Details:
Heinrich Kapp
Empire Wealth Properties
Studio 1E, Bricklane Avenue, Devonbosch Lifestyle Estate, Bottelary Road, Stellenbosch, Cape Town,
Limited 2 bed 1 bath and 2 bed 2 bath Duplexes Available
Situated on the outskirts of Stellenbosch near Welgevonden.
Redwood Estate, a connected living estate with proximity to Stellenbosch CBD and the university campus is now open for
investment.
Stellenbosch has proven to be a consistently high rental demand area for student accommodation making this investment opportunity a fantastic move for any investor's portfolio. Due to the area of Stellenbosch retaining a high and ever rising rental demand among students, this is a great investment opportunity for student and young professional letting.
Units vary in price but are selling from R1 660 000 to R1 710 000 There is potential to make up to R17 000 rental income per month when renting to students and R13 000 per month when renting on a long term basis with assistance from our strategic property agents.
The beautiful eco-friendly Redwood estate in Stellenbosch now offers investors the opportunity to capitalize on short term Airbnb rental opportunities to assist in increasing rental yields. Only 15% of the estate is approved for short term rentals, so don’t miss your chance to capitalize today.
Contact one of our property agents today and they will assist in securing your reservation and directing on next steps for bond approval.
Located in Stellenbosch, with direct Access to the R304 / Winelands
Ideal lock-up-and-go units with 24-hour security
Redwood Estate offers a variety of investment options, from apartments to duplex homes.
Transfer fees are included
24-month subsidized levy on 2 Bedroom Apartments
Bond registration costs will apply
Green spaces and green solutions
All units fitted with inverter with up to 4 hours power (no more loadshedding)
Outdoor gym
Fibre ready
Units are equipped with pre-paid water and electricity / e-wallet system.
Rates And Taxes: 400
Levies: 1400
Property Reference #: 163
Agent Details:
Heinrich Kapp
Empire Wealth Properties
Studio 1E, Bricklane Avenue, Devonbosch Lifestyle Estate, Bottelary Road, Stellenbosch, Cape Town,
Id Subtitle 1273356112
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Estimated monthly repaymentR 18,532
Total property loan amountR 1,710,000
Total interestR 2,737,534
Total repaymentR 4,447,534
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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Empire Wealth Properties
Selling for 10+ months
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