R 2 199 000

2 Bedroom Townhouse for Sale in Stellenbosch Central

R304, Stellenbosch Central, Stellenbosch

2
2
1
68 m²

New 2 bedroom duplex houses

Construction to commence fourth quarter of 2024

Limited 2 bed 2 bath and 3 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 R2199 000, R2219 000 to R2619 000 and R2649 000.There is potential to generate up to R21 000 rental income per month when renting to students and R18 000 per month...

Construction to commence fourth quarter of 2024

Limited 2 bed 2 bath and 3 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 R2199 000, R2219 000 to R2619 000 and R2649 000.There is potential to generate up to R21 000 rental income per month when renting to students and R18 000 per month when renting on a long term basis to families 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 capitalise 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.

Bedrooms: 2

Bathrooms: 2

Parking: 1

Pet Friendly

Garden

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Property Overview

Listing Number

114015799

Type of Property

Townhouse

Street Address

R304, Stellenbosch Central

Listing Date

18 February 2024

Floor Size

68 m²

Levies

R 1 400

Rates and Taxes

R 400

Pets Allowed

Yes

Rooms

Bedrooms

2

Bathrooms

2

External Features

Parking

1

1 Covered Parking

Shade net parking

Garden

Yes

Other Features

Security

Security Gate, Electric fencing

Points of Interest

Bond Calculator

*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. Property24 does not accept liability for any damages arising from the use of this calculator.