Construction to commence fourth quarter of 2024

Limited one bedroom apartments left

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 prices are R1200 000 and can be rented out long term for R8500 or on a short term basis management for you.

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 donâ??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: 1500
Property Reference #: 113

Agent Details:
Heinrich Kapp
Empire Wealth Properties
Studio 1E, Bricklane Avenue, Devonbosch Lifestyle Estate, Bottelary Road, Stellenbosch, Cape Town,