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R2,100,000

2 Soeteweide, 13 Soeteweide Street

Monthly Bond Repayment R22,757.85
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Levy
R2,675
Monthly Rates
R560

Studio Apartment in Prime Location

This bachelor apartment boasts a prime location within walking distance of Stellenbosch University, making it an ideal choice for students in search of comfortable and convenient living arrangements. Its close proximity to the university guarantees high demand, presenting an exceptional investment opportunity. In addition, desirable amenities such as on-site laundry facilities and covered parking enhance the appeal of this property.

By investing in this bachelor apartment, you are entering the lucrative student rental market with great potential for success. The property's well-maintained condition ensures a seamless rental experience for tenants. With the continuous influx of students and the enduring popularity of Stellenbosch University, you can anticipate a steady stream of rental income as well as long-term capital appreciation.

Features

0.5
1
Interior
Bedrooms
0.5
Bathrooms
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
29m²

Universiteitsoord, Stellenbosch

Stellenbosch is a town in the Western Cape province of South Africa, situated about 50 kilometres east of Cape Town, along the banks of the Eerste River. Stellenbosch is recognised as the second oldest European settlement in the province, after Cape Town.   The town became known as the City of Oaks or Eikestad in Afrikaans and Dutch due to the large number of oak trees that were planted by its founder, Simon van...
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What is a "comparative marketing analysis", and how does it help price a property correctly? With homes making up a large part of many South African's investment worth - many ask themselves, "What is my property...
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Chas Everitt International Property Group website is accurate and up to date, Chas Everitt International 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.

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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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

22,757.85

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