R 3,400,0002 bedroom home in Stellenbosch, Papegaaiberg-industrial-park
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R 3,400,000INVESTMENT OPPORTUNITY | BOSMANS CROSSING, STELLENBOSCHStellenbosch, Papegaaiberg-industrial-park
2 1 1 60 m²
Looking for an established property investment in Stellenbosch? This two-bedroom apartment in Bosmans Crossing offers investors the advantage of existing rental income, with the potential to increase monthly returns.
Currently generating R17,500 per month in rental income, the apartment offers an opportunity to acquire a tenanted property with scope to increase the rental to between R19,000 and R20,000 per month, subject to the applicable lease terms and market conditions.
Situated in the popular Stellenbosch property market, the apartment is conveniently located close to educational institutions, shopping amenities and essential services, making it an attractive option for tenants seeking accessible accommodation.
Property Highlights
• Two bedrooms and one bathroom
• Secure basement parking
• Access controlled entry
• 24-Hour Security patrols
• Located in Bosmans Crossing, Stellenbosch
• Existing rental income of R17,500 per month
• Potential rental income of R19,000–R20,000 per month
The Investment Numbers
At the current rental, the property generates R210,000 in annual rental income. At the anticipated increased rental, annual income could rise to between R228,000 and R240,000.
This represents a potential gross rental yield of approximately 6.7%–7.1% per annum, based on the asking price.
A Property Investment Worth Considering
For investors seeking an established rental asset in Stellenbosch, this apartment offers immediate rental income and the possibility of improving returns over time.
Contact Laurie Goetsch to arrange a viewing and explore this investment opportunity.
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Security
No pets allowed
Listing Number
7719663
Type of Property
FlatApartment ( Sectional Title)
Listing Date
23 Oct 2026
Floor Size
60 m²
Levies
R2760
Rates and Taxes
R590
Furnished
No
Bedrooms
2
Bathrooms
1
Family T V Room
1
Kitchen
1
Garage
1
Parking
0
24 Hour Response
Intercom
24 Hour Access
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Scan here!To start your bond pre-qualification process
*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. PlusGroup does not accept liability for any damages arising from the use of this calculator.