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R1,050,000

54 SS PRINSPARK, 20 Dr Malan Road

Monthly Bond Repayment R10,837.98
Calculated over 20 years at 11% with no deposit. Change Assumptions

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Monthly Levy
R1,495.3
Monthly Rates
R3,509
Sectional Title Levy
R1,495.3

Two Bedroom Apartment in the Popular Prins Park Complex with Covered Parking

SOLE MANDATE – This two bedroom, one bathroom apartment is one of the larger units available in Prins Park and has the added feature of a complete enclosed balcony, which gives you an extra living space over and above the open plan kitchen and living area. Albeit this flat is in need of some attention, it remains a very popular and sought after accommodation option for tenants! As an investor, you will most definitely not have to worry about finding someone to rent to. The unit is tiled throughout and also has burglar bars and a security gate at the front door. Bedrooms both have built in cupboards and curtain rails. The bathroom includes a shower over the bath with a toilet and basin. Included in the purchase is a parking bay which is under a car port/roof.

Prins Park is a sectional title complex which was built in 1993 and is therefore a well-established development offering 85 units in the ever popular Stellenbosch. This secure complex combines timeless charm with modern convenience, featuring amenities like 24/7 guarded access, communal gardens, braai areas, and covered parking. Its prime location is a major draw, with proximity to Stellenbosch University, cafes, shops, and the historic town centre, while offering easy access to major highways and stunning mountain views. Ideal for students and professionals, Prins Park provides a low-maintenance lifestyle in a vibrant, walkable neighbourhood. Its enduring appeal, coupled with high rental demand and a strong sense of community, makes it a standout choice for buyers seeking a blend of heritage, convenience, and investment potential in the Cape Winelands.

Features

2
1
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
50m²
Land Size
12,929m²
Extras
24 Hour Access • Balcony Room • Bath, Toilet and Basin • Boomed Area • Carport • Communal Braai Area • Cul_De_Sac • Complex • Curtain Rails • Electric Fencing • First Floor

La Colline, Stellenbosch

Stellenbosch, a charming town in South Africa's Western Cape, is famous for its stunning wine estates, oak-lined streets and rich history. Nestled in a fertile valley surrounded by beautiful mountains, it's one of the country's top wine-producing regions, with vineyards that stretch as far as the eye can see. Stellenbosch's blend of Cape Dutch architecture, art galleries, and cafes creates a vibrant atmosphere that...
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In the news

A relaxed stroll through De Zalze Winelands Golf Estate
Nestled in the heart of Stellenbosch, the De Zalze Winelands Golf Estate offers an idyllic fusion of golf, wine and relaxed country living. Surrounded by lush vineyards, rolling hills and ancient oak trees, this estate has become...
 
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Transfer Costs

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Transfer Fees
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Transfer Duty
Postage and Petties:
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Electronic Document Preparation
Vat @ 15%
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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:

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MONTHLY REPAYMENTS

 

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Monthly Payment

10,837.98

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