Description
Nouveau offers perfect student accommodation! Located only 10 minutes walk (900m) from the Engineering Faculty and Main Campus in a safe environment with excellent security, this apartment block is very popular with students. The sparkling swimming pool and braai facilities contribute to this popularity! Not only is it the perfect environment to study, but also to socialize and experience student life at its best!
This north facing, three bedroom flat stretches over three storeys with accompanying views over the swimming pool and the Stellenbosch mountains. It is beautifully renovated, very neat, light and sunny. Fibre internet is already installed and active. As a bonus, all the furniture is included in the price! This apartment comes with one registered parking place, but an extra one is available for rent at R430/month if needed.
A rental contract is secured for 2021 with a rental income of R14 550/month (annual rental return: 7.7%; average capital growth: 4%). This apartment is one of only three in Nouveau which is accredited with NSFAS, thus tenants are almost guaranteed for every year.
This is a perfect investment opportunity and definitely worth following up. Please contact me, the sole mandate agent, without delay to schedule a viewing.
3
3132m2
