2 Bedroom Apartment in Stellenbosch Central

2027 Rental Contracts Secured | -11.7 Gross Yield | -9.9 Net Yield

Newly renovated, sunny top-floor, 2-bedroom apartment within walking distance of Stellenbosch University. Situated in a secure, well-managed complex with 247 security, underground parking, gym, laundry facilities, fibre internet, braai area and landscaped courtyard.

Investment Figures 2027:

Purchase price: R1 750 000

Rental income secured: R17 070 p.m.

Annual gross rental income: R204 840

Gross rental yield: -11.7

Levies: -R2 411 p.m.

Rates: -R235 p.m.

Net Operating Income NOI: R14 424 p.m. R173 088 p.a.

Net rental yield Cap Rate: -9.9

Added Investment Advantages:

2027 rental contracts already secured buy an income-producing investment with tenants in place.

Self-management of the apartment available.

New two-bedroom apartments directly across the road are advertised for R3.25 million highlighting the attractive entry price of this established apartment.

Excellent location within walking distance of Stellenbosch University.

Location & Price Comparison:

View the R3.25 million two-bedroom apartment advertised directly across the road: Search 95 on Bird Stellenbosch

An attractive opportunity to secure a renovated, income-producing Stellenbosch apartment below R2 million, with strong rental returns and established student accommodation demand.

Contact Henk to arrange a viewing or request further investment information.