Apartment for sale
Secure, convenient Stellenbosch living close to campus and town centre, ideal for investors or students — ground-floor apartment with private patio and three bedrooms, two bathrooms.
3-Bedroom apartment - Investment Opportunity in a Popular Security Complex
This well-maintained apartment offers comfortable, secure living in one of Stellenbosch's popular security complexes, making it an excellent choice for first-time buyer, investors, student accommodation or lock-up-and-go.
The property features:
- ground floor apartment
- 3 spacious bedrooms with built-in cupboards and laminated flooring
- 2 bathrooms (main on-suite) both newly tiled
- Spacious open-plan kitchen flow into the living are to a small private patio
- Spacious living area with a door leading to a private patio
- 2 secure parking bays (1 covered)
An excellent investment opportunity with an existing lease in place until the end of November 2026, providing an immediate rental income of R19 000 per month, with the potential to increase to approximately between R21 000 and R25 000 per month.
Ideally located close to the N2, a short drive from Stellenbosch University campus, the town centre and Mediclinic Stellenbosch, offering convenience for students, professionals and families alike or a lock-up-and-go.
NOT AI GENERATED.
A OPPORTUNITY NOT TO BE MISS.
Contact me today to arrange a viewing by appointment.
Listed for sale at R3,600,000
How does this home’s price compare with similar properties?
Price comparison based on 8 similar-sized 2–4 bed homes.
Insight
Priced 7% above the local median - but still inside the typical range across Stellenbosch.
Compared with 8 similar homes (9 listings) across Stellenbosch.
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.
Onder Papegaaiberg is a tranquil and scenic residential suburb in Stellenbosch that offers residents a peaceful lifestyle with convenient access to the historic town center and beautiful mountain surroundings.
