1 Bed Apartment in De Wijnlanden

This neat and secure loft apartment in De Werf 1 presents an exceptional investment opportunity, whether you''re entering the property market or expanding your portfolio. Nestled in the picturesque De Wijnlanden suburb, this one-bedroom loft offers a tranquil living environment with excellent security for peace of mind. Its prime location ensures easy access to major hubs like Stellenbosch, Somerset West, and Cape Town International Airport, all within a 20-minute drive. Nearby amenities include the Sanbury Square shopping center across the road and the proximity to renowned wine farms such as Vergenoegd Low Wine Farm and Spier Wine Farm, perfect for enjoying wine tastings and farm-to-table dining experiences.

The apartment boasts recent upgrades, including the top bathroom, a renovated kitchen with beautiful wooden countertops and an extended loft area for added living space. It features the convenience of two bathroomsone on the bottom floor and one upstairs, enhancing ease of use for residents. The open-plan kitchen seamlessly connects to the dining and lounge area, creating a welcoming and functional environment. Residents can relax at the communal pool on hot summer days and utilize the braai facilities for entertaining. The property includes one secure parking space for convenience and safety.

Currently leased until 31 January 2025, with a monthly rental income of R9500, this property offers a gross return on investment of 9.2%. This makes it an attractive option for investors seeking steady rental income and solid returns. Living in De Werf 1 blends modern city convenience with a relaxed country lifestyle in the Stellenbosch Winelands, surrounded by vineyards and offering serene views of majestic mountains and wineries.

Key Features:

- Renovated kitchen with beautiful wooden countertops.

- Two bathrooms for convenience (one on each floor).

- Extended living space in the loft area.

- Secure complex with 24-hour security.

- Communal pool and braai facilities.

- One secure parking space.

Don''t miss this exceptional investment opportunity. Contact us today to schedule a viewing and explore the potential of this stunning loft apartment firsthand.