Stellenbosch - MR607585

Simplex in Stellenbosch, WCape - Stellenbosch,Franschhoek,Paarl, Western Cape

R 2,140,000 Price Reduced

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90m2
230m2
Stellenbosch - MR607585
Simplex in Stellenbosch, WCape - Stellenbosch,Franschhoek,Paarl, Western Cape
R 2,140,000
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Key Features

Rooms

  • 3 Bedrooms
  • 3 Bathrooms

Services

  • Levy R2200
  • Rates and Taxes R700

Parking

  • Garage

More Features

  • Property Type - Simplex
  • Seller Type - Private Property
  • Floor Area - 90m2
  • Erf Size - 230m2
  • Price per square floor meter - R23,778 per m2
  • Price per square erf meter - R9,304 per m2

MyRoof Stats

  • 735 Views
PID=607585 DID=631837 SID=1

Plot and plan development

1 plot left 3 bed 3 bath @2140 000 with levies included for the frist year.

Nett rental yield [hidden]

Welcome to Tweespruit Estate, an exceptional housing development designed to provide an attractive, cost-effective, and secure living environment. Situated on a spacious [hidden] estate in Stellenbosch, this bespoke gated village offers 71 townhouse units ranging from 92m² to 115m², making it an ideal investment opportunity for those interested in renting out rooms to students and young professionals and serving the high rental demand in the area.

The developer's vision was to create a community where residents can enjoy low home running costs, comfort, and safety. With only 71 units, Tweespruit Estate fosters a close-knit community atmosphere, allowing you to forge strong bonds with neighbours and create an idyllic lifestyle.

Designed by the renowned Dennis Moss Partnership, the development showcases a selection of freehold plots built in the classic Cape Vernacular style. The architecture exudes charm and character, ensuring a visually appealing environment that will attract tenants seeking a unique living experience.

One of the standout features of Tweespruit Estate is its comprehensive security measures. The estate itself is fully secured with access control, providing peace of mind for both residents and potential tenants. Additionally, the estate benefits from the added security provided by access through Nuutgevonden Estate, further enhancing the safety of the property.

Considering the prime location and the demand for accommodation for students and young professionals, investing in this 3-bedroom, 3-bathroom unit at R2 140 000 presents an exciting opportunity. By renting out the rooms separately, you can maximize your return on investment and ensure a steady income stream.

Don't miss out on this last available unit in Tweespruit Estate. With its exceptional amenities, stunning design, and high potential for rental income, it's an investment opportunity that you won't want to pass up. Contact us now to secure your investment in this thriving community.
Multi Let Investment
Rooms are tenanted at R7000 - R7500 per room
Tenants are young working professionals and Students
The concept is in high demand, all current houses are fully tenanted


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