1 Bed Apartment in Stellenbosch Central

1 koelenhof road
1 1 1 38

REDWOOD ESTATE, STELLENBOSCH

Construction to commence early 2024

Limited one bedroom and studios left

Situated on teh outskirts of Stellenbosch near Welgevonden.

Redwood Estate, a connected living estate with proximity to Stellenbosch CBD and the university campus is now open for

investment.

Stellenbosch has proven to be a consistently high rental demand area for student accommodation making this investment opportunity a fantastic move for any investor''s portfolio. Due to the area of Stellenbosch retaining a high and ever rising rental demand among students, this is a great investment opportunity for student and young professional letting.

Units vary in price but are selling from R1 049 000. There is the potential to make up to R13 000 rental income long term with assistance from our strategic property agents.

The beautiful eco-friendly Redwood estate in Stellenbosch now offers investors the opportunity to capitalize on short term Airbnb rental opportunities to assist in increasing rental yields. Only 15% of the estate is approved for short term rentals, so dont miss your chance to capitalize today. Rental income on 1 Bed of R15 300 at 60% capacity @ +- R850 per night

Contact one of our property agents today and they will assist in securing your reservation and directing on next steps for bond approval.

Located in Stellenbosch, with direct Access to the R304 / Winelands

Ideal lock-up-and-go units with 24-hour security

Redwood Estate offers a variety of investment options, from apartments to duplex homes.

Transfer fees are included

24-month subsidized levy on 2 Bedroom Apartments

Bond registration costs will apply

Green spaces and green solutions

All units fitted with inverter with up to 4 hours power (no more loadshedding)

Outdoor gym

Fibre ready

Units are equipped with pre-paid water and electricity / e-wallet system.

Estate

Lounge

Security Estate

Property details

  • Listing number T4509069
  • Property type Apartment
  • Floor size 38 m²
  • Rates and taxes R 400
  • Levies R 1 400

Property features

  • Bedrooms 1
  • Bathrooms 1
  • Covered Parkings 1
  • Access Gate
  • Built In Cupboards
  • Club House
  • Fenced
  • Gym
  • Scenic View
  • Kitchen
  • Garden
  • Electric Fencing
  • Irrigation System

Photo gallery

Video

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