1 Bedroom Apartment For Sale in Stellenbosch Central
R1,100,000
Monthly Bond Repayment R11,920.78
Calculated over 20 years at 11.75% with no deposit.
Web Ref No JRL13860
Studio apartment for investment in the ever popular Molteno Park
Spacious and modern studio apartment on the first floor of Molteno Park 1 is now available to sell to any investor as there is a lease agreement in place for the new student year. Contract value is R95 000 which confirms a higher than what we are used to return on investment in Stellenbosch.
The apartment is really spacious and can fit comfortably a double bed, couch, little dining table and study desk. All that is required for a young professional or student. For the size there is a comfortable separate kitchen with space for all amenities. The bathroom comes with a shower bath combo. Also one under roof dedicated parking bay in front of the unit. Molteno Park has easy access to the main roads in Stellenbosch and is walking distance from campus.
Features
Bedrooms 1
Bathrooms 1
Floor Size 34m²
Land Size 1,505m²
Carports/Parkings 1
Monthly Rates R750.00
Monthly Levy R1,000.00