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REDWOOD ESTATE, STELLENBOSCH
R 1,209,000
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General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):1
Bathrooms (#):1
Size (sqm):38
Video
Description
Construction to commence early 2024
Limited one bedroom and studios left
Situated on teh 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 049 000. There is the potential to make up to R13 000 rental income long term 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. Rental income on 1 Bed of R15 300 at 60% capacity @ +- R850 per night
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 #: 113
Agent Details:
Heinrich Kapp
Empire Wealth Properties
Studio 1E, Bricklane Avenue, Devonbosch Lifestyle Estate, Bottelary Road, Stellenbosch, Cape Town,
Limited one bedroom and studios left
Situated on teh 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 049 000. There is the potential to make up to R13 000 rental income long term 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. Rental income on 1 Bed of R15 300 at 60% capacity @ +- R850 per night
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 #: 113
Agent Details:
Heinrich Kapp
Empire Wealth Properties
Studio 1E, Bricklane Avenue, Devonbosch Lifestyle Estate, Bottelary Road, Stellenbosch, Cape Town,
Id Subtitle 1214721031
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Estimated monthly repaymentR 13,103
Total property loan amountR 1,209,000
Total interestR 1,935,485
Total repaymentR 3,144,485
Interest rate at 11.75% for 20 years *
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Empire Wealth Properties
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