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Description
Situated in the historic Proteahof complex in central Stellenbosch, this four-bedroom apartment offers a strong, well-positioned investment within easy walking distance of the university, shops and restaurants. The layout has been thoughtfully adapted for student accommodation, being split into three separate units which form two studio apartments and one two bedroomed duplex, which helps maximise occupancy and rental return. The sectional title is currently generating a rental income of R39 285 per month, underscoring its strong demand and solid income-producing track record. Two en-suite shower bathrooms are in the studios and the duplex offers one full bathroom with bath, shower, toilet and basin. The duplex also has a cosy open plan kitchen and lounge area with a fireplace and a breakfast-nook feel, well suited to easy everyday use. As part of Proteahof, the property benefits from the charm and heritage of one of Stellenbosch’s older complexes, combined with practical security features such as an electric gate, burglar bars and electric fencing. A secure parking option adds to the convenience for residents with a vehicle. With its sought-after location in historic Proteahof, steady rental income and student-focused layout, this apartment is an excellent choice for investors looking to secure a reliable asset in Stellenbosch’s vibrant university precinct. Enquire now for more details or to arrange a viewing.
Features
- 24 Hour Access
- Yes
- 24 Hour Response
- Yes
- Accommodation
- Yes
- Air Conditioner
- Yes
- Bachelor Studio
- Yes
- Bath, Toilet and Basin
- Yes
- Blinds
- Yes
- Complex
- Yes
- Curtain Rails
- Yes
- Double Bed
- Yes
- Double Storey
- Yes
- Electric Fencing
- Yes
- Perimeter Wall
- Yes
- Secure Parking
- Yes
- Security Gate
- Yes
- Shower, Toilet and Basin
- Yes
- Student Accommodation
- Yes
- Winelands
- Yes