2 Bedroom Apartment in Aan de Wijnlanden

2 Bedroom Apartment For Sale

Henk specializes in brokering fast, focused, investment-driven property deals.

Super-clean, 2-bedroom, 1-bathroom apartment in a secure, well-run complex with 247 security, CCTV, swimming pool, braai area, dedicated laundry and washing line areas, with easy access to public transport, Stellenbosch and surrounding areas.

Turnkey investment with tenants already placed and income from day one. Ideal for an investor looking for a straightforward, low-hassle buy-and-hold opportunity in an established block.

Figures:

Current rent: R8 690 p.m.

Estimated 2026 renewal rent: R9 640 p.m.

Gross rental income at renewal: R115 680 p.a.

Gross rental yield at renewal: 12.4

Estimated bond repayment on a 100 bond over 30 years at prime 1.5: R7 523 p.m.

Estimated cash flow after bond, rates, levies, water & effluent: R117 p.m. positive 2026 renewal

Added investment advantage: The body corporate is financially healthy, with the latest financial year reflecting a cash balance of more than R700 000.

New hospital development less than 3 km away, close to the train station and with bus services towards Stellenbosch University and UWC.

Turnkey investment. Tenant already placed.