13 Bed House in Idasvallei

R 2 400 000

Christopher Theunissen - Intern

Just Property-Stellenbosch

Kurt Jooste - Intern

Just Property-Stellenbosch

Offer Pending

13 Bed House in Idasvallei

R 2 400 000

Address: 3 bakker street
13 Beds
4 Baths
Floor Area 265 m² Land Area 495 m² Rates R 2500

Student Rental Money Maker. The property is situated in Bakker street affording swift access to Simonsrust Shopping Centre (Spar) merely (500m) away and 1.5km-2km from Stellenbosch University Faculties. Public transport available directly into Stellenbosch.

The property has the potential to generate of R42 900-R45 500 in rent with 13 rooms available each at R3300 per month. Currently 10 units of the 13 are tenanted given the current economic climate.

The concept of actually obtaining high returns from the beginning of your investment serves as rare commodity- especially with the high prices of student accommodation in Central Stellenbosch. Idasvalley is an investors playground in terms of development and backed with an emerging higher standard of living in the surrounding community it becomes an opportunity not to miss.

The property features 13 bedrooms are each equip with a bed, bar fridge (12 of 13), panel heater, desk and freestanding or built in cupboard. The original wood flooring is a modern design trend. The main house features 8 bedrooms and shares 2 bathrooms (with shower) and one guest restroom. A communal kitchen is provided. The flatlet in the backyard consists of 5 bedrooms with access through both sides of the property shared full bathroom.

The sizes of the rooms are fairly spacious. Available on the 1 December 2020.

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Key Property Features

13
Bedrooms
4
Bathrooms
4
Covered Parkings
1
Lounges
BIC
Fenced
Flatlets
Furnished
Garden
Guest Toilet
Kitchen
Paving
Satellite
Scenic View

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Christopher Theunissen - Intern

Christopher

Theunissen - Intern

Kurt Jooste - Intern

Kurt

Jooste - Intern

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13 Bed House in Idasvallei

R 2 400 000

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