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R1,440,000

Monthly Bond Repayment R15,109.29
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Levy
R1,056.8
Monthly Rates
R253.0

Charming bachelor apartment in Stellenbosch Central, perfect for investors or first-time buyers!

Positioned conveniently on Merriman Avenue, De Watergracht presents a fantastic investment opportunity for those seeking an affordably priced apartment in Stellenbosch.
This open-plan bachelor unit is flooded with natural light and features a bathroom as well as a tidy kitchen. The bedroom area is equipped with built-in cupboards and has ample space for a three-quarter bed and a desk, with access to a communal balcony. The kitchen offers undercounter space for a washing machine or dishwasher, along with room for a refrigerator. All doors are secured with security gates, and the windows are fitted with burglar bars for added safety.
The complex boasts a communal braai area and a patio with stunning views of the town and surrounding mountains, along with one secure basement parking space and controlled access.
As an investment property, you can rest easy knowing that the unit has a renewed lease for 2025 with a reliable tenant who has enjoyed living here for the past year and a half. The rental for 2025 is set at R8164.80 per month.
Contact sole exclusive agent for further details and arrangements to view.

Features

1
1
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
26m²
Land Size
2,709m²

Stellenbosch Central, Stellenbosch

History The Stellenbosch lifestyle offers the best of both worlds where you can enjoy the scenic beauty of the Cape and indulge in the vibrant social culture. Stellenbosch was one of the first established towns of South Africa and is home to the world-renowned Stellenbosch University. It's surrounded by the Cape Winelands vineyards and the mountainous nature reserves of Jonkershoek and Simonsberg.  The town's...
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

15,109.29

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