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5 Bedroom House For Sale in Stellenbosch Central, Stellenbosch

19 Langenhoven, Stellenbosch Central, Stellenbosch, Western Cape, South Africa
R 3100000
RunningCosts Bond
Costs
Property Type House
Erf Size 263 m2
Levies R 0
Listing Date April 15, 2024
Floor Size 136 m2
Rates and Taxes R 1500
Details
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Local info

Property description

Invest in the heart of Stellenbosch, where opportunity meets history and culture. This property presents a golden investment opportunity in one of the Western Cape's most vibrant locales. As the second oldest town in South Africa, Stellenbosch boasts a rich heritage and plays a pivotal role in the region's renowned wine industry and thriving tourism sector.
At the core of this opportunity is Stellenbosch's status as a distinguished university town. Renowned for its academic excellence, Stellenbosch University attracts a steady and growing student population. History has shown that residential properties in student-centric towns consistently outperform national averages in capital growth. This trend is attributed to the enduring demand for accommodation fueled by the influx of students, creating a sustainable rental market.
Stellenbosch University, a prominent institution in the heart of the town, faces the ongoing challenge of providing sufficient on-campus housing for all its students. Consequently, there exists a consistent demand for private accommodation, particularly sectional title units in close proximity to the campus. This property strategically positions itself to cater to this perennial demand, presenting an enduring investment opportunity.
The property market in Stellenbosch, driven by the thriving local economy and the continuous rise in student numbers, remains resilient even in challenging economic climates. The student housing sector, in particular, has proven to be defensive, maintaining stability even when the broader economy faces uncertainties. Investing in this property ensures a foothold in a sector that stands strong amidst economic fluctuations, as students persist with their studies irrespective of external pressures.
Seize this chance to invest in a property that not only aligns with the historical charm and cultural significance of Stellenbosch but also taps into the ever-growing and resilient student housing market. Embrace the golden opportunity to be a part of Stellenbosch's dynamic future.
Current rental of R27500pm until 30 November 2024.

  • Flatlet
  • Security Features
  • Pets Allowed
  • Flooring: Parquet, Wood

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