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R8,500,000 | 12 Bedroom Apartment Block For Sale in Idasvallei

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R8,500,000

1 Rustenhof, 30 Rustenburg Street, Idasvallei, Stellenbosch

Monthly Bond Repayment R92,115.10
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R750

INVESTMENT OPPORTUNITY IN PRIME LOCATION, APARTMENT BLOCK WITH 6 UNITS FOR SALE IN IDASVALLEY

Good Investment with a secure rental income

Exclusive Sole Mandate ! This stunning Apartment building features 6 units. Located in Rustenburg Street the Main Road of Idasvalley. This a brilliant investment opportunity. Close to shopping Malls, transport and schools. 2 of the units are zoned for commercial use, and is situated on the ground floor. The block is already sectional title, so each unit can therefore be sold separately in future. This living space is ideal for students or investors seeking a good rental return due to its convenient location near University faculties, campus facilities, cafes, and essential amenities.
The block is currently tenanted with no levies payable.

The sizes of the units are as follows:
Unit 1 - 52 sqm
Unit 2 - 78 sqm
Unit 3 - 62 sqm
Unit 4 - 52 sqm
Unit 5 - 52 sqm
Unit 6 - 91 sqm

Total sqm 400 under roof and the stand is 496 sqm, with efficient parking space, behind a security gate. The property is completely walled, and low on maintenance, with so much potential.
You can use the commercial units to run your business from and live on the premises, if that is a dream of yours.

Current Rental contracts in place

Don't miss this spectacular opportunity. 
Contact us today.

Features

12
6
9
Pets Allowed
No
Interior
Bedrooms
12
Bathrooms
6
Kitchen
6
Reception Rooms
12
Study
6
Furnished
No
Exterior
Garages
9
Security
Yes
Pool
No
Sizes
Floor Size
400m²
Land Size
496m²
Extras 24 Hour Access; Balcony; Driveway; Electric Gate; Eye Level Oven; Fibre; Paveway; Security Gate; Totally Walled
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-33.9214036, 18.880688

Idasvallei, Stellenbosch

Welcome to Stellenbosch, a town in South Africa's renowned Cape Winelands. With its historic charm, world-class vineyards, and stunning natural beauty, Stellenbosch offers a delightful blend of culture, relaxation, and adventure.Discover the history and architecture of Stellenbosch as you wander through its oak-lined streets. Explore the town's well-preserved Cape Dutch buildings, art galleries, and museums that... More Info
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