Stellenbosch Central, Stellenbosch, Western Cape ID 551564
Apartment/Flat
1.0
1
38m2
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 R1449 000 and can be rented out long term for R8500. 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 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.
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