Apartment for sale
Hands-off, income-generating portfolio in Idasvallei, steps from Stellenbosch University and transport amenities. Five long-term rental apartments deliver immediate cash flow with about 8.5% ROI; each is one-bedroom, one-bath.
SOLE MANDATE
This established rental portfolio of five apartments within one well-located complex is now offered for sale. Developed and consolidated over a six-year period, the investment is fully mature, with all units secured by long-term rental agreements, ensuring immediate and reliable income.
The apartments are situated in the same apartment complex, conveniently located close to the Stellenbosch University campus, making them highly attractive to students and young professionals.
This is a solid, low-risk investment offering an estimated return on investment of approximately 8.5%, combined with excellent capital growth potential of around 10% per annum.
Located in Idasvallei, an area experiencing increasing demand from both developers and tenants, the complex benefits from its proximity to the university, transport routes, and a range of everyday amenities. Idasvallei continues to establish itself as one of Stellenbosch’s emerging investment hotspots.
If you are seeking a proven investment with strong income, long-term growth, and exposure to the sought-after Stellenbosch residential market, this opportunity deserves your attention.
Contact me without delay for further details.
Listed for sale at R5,180,000
Price reduced by 27.8% to R3,740,000
How does this home’s price compare with similar properties?
Insight
Priced 38% above the local median - at the upper edge of the typical range across Stellenbosch.
Compared with 14 1-bed homes (16 listings) across Stellenbosch.
Buyers should compare condition, position, views, finishes and floor size before deciding. Benchmarked on town-level data where the suburb sample is limited. Premium pockets may trade above town averages - check with the agent for local guidance.
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Idasvallei is a tranquil, family-oriented residential suburb nestled against the scenic slopes of the Helderberg mountains, offering residents a peaceful lifestyle with convenient proximity to the historic heart of Stellenbosch.
