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R1,050,000

25 Prinspark, 0 Dr Malan Drive

Monthly Bond Repayment R11,197.51
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Levy
R1,400
Monthly Rates
R320

2 Bedroom Apartment For Sale in La Colline

Amazing 2-bedroom ground floor apartment in walking distance from the university campus situated in La Colline, Stellenbosch for sale at R1,050,000.

If you are looking for a brilliant investment, don't look any further! This beautiful 2-bedroom, ground floor apartment is situated in the ever-popular Prinspark in La Colline, Stellenbosch. The unit has been completely refitted and refurbished. The property offers 2 bedrooms, a full bathroom, an open-plan kitchen, and a spacious living area. The sunny balcony has been enclosed to give an extension to the living area. A secured parking bay has been allocated to the apartment with an option to hire an additional one from the body corporate at a minimal fee. If an investor is interested in this unit, the current tenant has an excellent rental history extending over 5 years and will be highly recommended. The rental income is currently R7890/month with the option to escalate it to R8500/month or more.

This complex has a central Wi-Fi hub, is completely fenced in with electric fencing, has cell-to-gate access, has a guard on duty, and the caretaker resides in the complex. Spacious gardens and braai areas enhance the complex. It is close to all major routes in and around Stellenbosch, shopping centres and medical facilities are around the corner, and it is within walking or cycling distance from the Stellenbosch University campus, with the Engineering faculty being the closest. I have access to the latest rental contract, levy statements, and municipal accounts for your perusal.

Contact me soon to arrange a private viewing.

Features

2
1
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
48m²

La Colline, Stellenbosch

Stellenbosch is a charming and historic town located in the Western Cape province of South Africa. It is situated in the Cape Winelands region and is known for its picturesque streets, beautiful views, and delicious wines. The town is a popular destination for retirees and families, offering a relaxed and peaceful lifestyle. Stellenbosch is home to many recreational activities and amenities, including golf...
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At South African universities and colleges, a massive gap exists between the demand for accommodation on campuses and the available spaces in the official residences. With more and more students being accepted every year, this...
 
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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

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

11,197.51

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