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Onder Papegaaiberg, Onder Papegaaiberg, Stellenbosch, Western Cape
R 3 600 000
3-Bedroom apartment - Investment Opportunity in a Popular Security Complex This well-maintained apartment offers comfortable, secure living in one of Stellenbosch's popular security complexes, making it an excellent choice for first-time buyer, investors, student accommodation or lock-up-and-go. The property features: - ground floor apartment - 3 spacious bedrooms with built-in cupboards and laminated flooring - 2 bathrooms (main on-suite) both newly tiled - Spacious open-plan kitchen flow into the living are to a small private patio - Spacious living area with a door leading to a private patio - 2 secure parking bays (1 covered) An excellent investment opportunity with an existing lease in place until the end of November 2026, providing an immediate rental income of R19 000 per month, with the potential to increase to approximately between R21 000 and R25 000 per month. Ideally located close to the N2, a short drive from Stellenbosch University campus, the town centre and Mediclinic Stellenbosch, offering convenience for students, professionals and families alike or a lock-up-and-go. Not ai generated. A opportunity not to be miss. Contact me today to arrange a viewing by appointment.
Estimated monthly repayment
R 33 996
on a R 3 240 000 bond over 20 years at 11.25%
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Onder Papegaaiberg, Onder Papegaaiberg, Stellenbosch, Western Cape
Area view — the exact address is shared on enquiry.
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