24 Helshoogte Road, Idasvallei, Stellenbosch, Western Cape

R 6,200,000

6 Beds | 4 Baths | 1 Garage | 678 m² Land

Prime Student Accommodation Investment Opportunity

Discover a great investment opportunity with this student accommodation property ideally located within walking distance to the campus. This property features four bedrooms inside the main residence, providing ample space for student living. Additionally, there is a granny flat with two bedrooms and a separate bachelor unit, offering versatile rental options.

Enjoy a steady rental income of R65,000 from this well-positioned student accommodation. The property's four-bedroom main house, coupled with the two-bedroom granny flat and a bachelor unit, caters to the demand for affordable and accessible housing among students. Beyond its proximity to the campus, this investment property is also conveniently close to various amenities, enhancing its appeal to both students and potential tenants. With a balanced approach, this property represents a sound investment in the student housing market.

Key Details

Reference LFSH-3887

Listing type Sale

Property type House

Listing zone Residential

Suburb Idasvallei

City Stellenbosch

Province Western Cape

Property Details

Bedrooms 6

Bathrooms 4

Garages 1

Open parking 1

Land size 678 m²

Patio Yes

Garden Yes

Paved yard Yes

Kitchen Yes

Flatlets 1

Access gate Yes

Smoking Allowed Yes

Entrance hall Yes

Electric fencing Yes

Built-in cupboards Yes

Location

Finance

Bond Calculator

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*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. Leapfrog Property Group does not accept liability for any damages arising from the use of this calculator.

Disclaimer

While every effort will be made to ensure that the information contained within the Leapfrog Property Group website is accurate and up to date, Leapfrog Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.