1 Bedroom Apartment For Sale in Stellenbosch Central
R1,400,000
7 De Watergracht, 7 Merriman Ave
Monthly Bond Repayment R14,450.64
Calculated over 20 years at 11% with no deposit.
Web Ref No LFSH-4130
Prime Student Living in Stellenbosch Central
Situated just one block from campus on sought-after Merriman Avenue, this well-maintained bachelor apartment presents an excellent opportunity for first-time buyers, parents seeking secure and quality student accommodation, or investors looking for a steady rental income. The light-filled unit features an open-plan layout with a neat kitchen, full bathroom, and a combined living and sleeping area fitted with built-in cupboards for convenient storage. Sliding doors open onto a communal balcony, providing a pleasant outdoor space and a sense of openness.
The De Watergracht complex offers excellent amenities, including secure basement parking, controlled access, a communal braai area, and a scenic patio with views of the town and surrounding mountains. The apartment is currently tenanted, with a lease in place for 2025 at R8,164.80 per month, making it a hassle-free, income-generating asset.
Contact the agent today for further details or to arrange a viewing.