2 Bed Apartment in Onder Papegaaiberg

R 1 850 000

Vanessa Johnson

Pam Golding Properties-Stellenbosch

Offer Pending

2 Bed Apartment in Onder Papegaaiberg

R 1 850 000

2 Beds
1.5 Baths
Floor Area 81 m² Rates R 486 Levy R 1592

Invest in the future of Stellenbosch. Stellenbosch is the second oldest town in South Africa and is well known for its cultural and heritage attractions. Stellenbosch is also a renowned university town. Historically, residential properties in student towns around the world achieve higher capital growth compared to the national average.

This is due in part to the impact that the influx of students has on the local population, which in turn fuels sustained rental demand. The steadily increasing student population is one of the major driving forces behind Stellenboschs thriving local economy and resilient residential property market. With Stellenbosch University unable to house all of its students in official residences, there is always demand for private accommodation particular sectional title units. Stellenboschs emerging Bosmans Crossing precinct and the upgrade of the Adam Tas Corridor, has been identified as a key growth area for future development, being referred to as the new town of Stellenbosch.

Bosmans Crossing is located in a quiet part of Stellenbosch, at the foot of Papgegaaiberg. The area is already emerging as an attractive location, boasting a gin distillery, Italian Restaurant, Deli, Commercial/Retail space, with more to come. Therefor offering a city apartment and country living combined. Both the exterior and interior have a very strong natural feel. With its industrial and red face brick faade it offers a stylish and modern look, with very little maintenance. This apartment overlooks a beautiful landscaped courtyard and the Krom River. Both the main bedroom and living area walks out onto the balcony with a built in braai and these natural views. 2 Bedrooms, 1.5 bathrooms with a new, modern, trendy and funky wood kitchen. Stone, slate, wood, black, white, eggshell colours and aluminium creates a rustic although brisk and friendly atmosphere. Dstv-facilities, an elevator, intercom system, fibre, basement parking and 24/7 security compliment this apartment and certainly adds considerable value. With this area being identified as the most significant redevelopment opportunity within Stellenbosch and our interest rate currently at 7.25%, its lowest in nearly 50 years, all leads to the opportune time to buy now.

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Key Property Features

2
Bedrooms
1.5
Bathrooms
1
Lounges
Access Gate
Balcony
BIC
Electric Fencing
Fenced
Garden
Kitchen
Security Post

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Oak trees, historic buildings, students, green spaces, cafés and lots of great wine are among the first impressions of this buzzing university town, but there’s much more to life in Stellenbosch than its undeniable picture-postcard charm

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Similar Property for Sale in Onder Papegaaiberg

2 Bed Apartment in Onder Papegaaiberg

R 1 850 000

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