Exclusive Student living - Studio apartment. Few addresses in Stellenbosch place a student closer to the faculties than this one. The Paddocks stands in Universiteitsoord, minutes on foot from the main teaching buildings, with the town''s patrolled Green Route running through the area.
The apartment is a single studio of 20 square metres, compact by design and suited to the student life a base within walking distance of lectures, the library and the town centre.
Security throughout the building is comprehensive. Facial recognition governs the main entrance, with electrical fencing to the perimeter and security shutters fitted throughout. A communal laundry serve the residents. The Paddocks is certified under the EDGE green-building standard, with the reduced utility consumption that accompanies it.
Parents will find a secure and self-contained home for a son or daughter through the years of a degree. Investors will recognise the fundamentals: single-student accommodation is the deepest and steadiest segment of the Stellenbosch letting market, and stock within walking distance of campus cannot easily be added to.
Transfer duty on this sale will be covered by the seller. None falls to the purchaser.
Detailed specification, levy schedule and rental figures on application. Private viewings by arrangement.