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Description
SOLE MANDATE Situated in the highly sought-after suburb of Die Boord, this well-located property presents a rare opportunity for a versatile residential investment in the heart of Stellenbosch. The property comprises 6 self-catering apartments (with 10 bedrooms) and 4 bedrooms in the main house - all suited for short-term rentals. The residence features a charming pool area with braai facilities, offering an inviting outdoor entertainment space. Surrounded by an established garden and enjoying a high degree of privacy, it provides a peaceful retreat in an otherwise central location close to Die Boord Shopping Centre and within easy walking distance of Stellenbosch CBD with internationally recognised Stellenbosch University and leading schools, making it highly attractive to students, young professionals, and visitors alike. The property offers the potential for excellent short-term rental income in a strong rental demand area within a well-established neighbourhood, located in a quiet, secure setting with excellent accessibility. It is also conveniently situated near the university, shops, and main transport routes. A bonus is the opportunity to convert the property into sectional title units, offering flexibility for resale and the potential to significantly enhance overall returns. This is an ideal acquisition for investors or developers seeking a strategically positioned asset with both immediate income and long-term growth potential.
Features
- Entrance Hall
- Yes
- Staircase Entrance Hall
- Yes
- lounge
- Yes
- borehole
- Yes
- Fan
- Yes
- Alarm System
- Yes
- Laundry
- Yes
- Solar Panels
- Yes
- Water Tank
- Yes
- Borehole
- Yes
- Backup Power <br><span style="overflow-wrap: break-word; white-space: normal; font: var(--typography-text-xxs-regular-font);">(Battery/Inverter)
- Yes