This well-maintained property, situated on a corner erf just 900 meters from Stellenbosch University and opposite the Stellenbosch NG North Church, is perfect for student accommodation, generating a rental income of R25,000 per month. An investor with a keen eye for opportunity can easily turn this property into a high-yield investment.
Features include:A cozy living room with a fireplaceA kitchen with ample built-in cupboards, a loose stove, washing machine, and pantry5 bedrooms with loose-standing cupboards and beautiful wooden floors3 bathrooms, with one en-suiteParking behind an electric gateSecurity features like electric fencing, cameras, an alarm system, and burglar barsFibre-ready connectivity and pre-paid electricityAn outdoor patio for braaiingOption to rent an excellent domestic servant 3 times a week
Stellenbosch offers a luxurious lifestyle in the heart of the Cape Winelands, with a vibrant student culture, nearby beaches, and easy access to Cape Town International Airport.