4 Bedroom Apartment / flat for sale in Stellenbosch Central

Ideally positioned in Stellenbosch Central, in the complex La Rive, just a 20 minute walk from Stellenbosch University campus, this ground-floor apartment presents an excellent investment opportunity in a highly sought-after location. This 86m² ground floor apartment was originally a 3-bedroom, but it has since been thoughtfully converted into a 4-bedroom unit, with 1 shared bathroom, and a kitchen and living area. The kitchen and bathroom are both newly redone, while a convenient washer/dryer nook is tucked into the passage. The unit enjoys its own outdoor with the river just across the electric fence, creating a peaceful setting rarely found this close to campus. Situated within a secure gated estate, the property also includes a single garage and an additional parking bay conveniently located right by the unit. The property has generated strong rental income in the past, with 2026 rental income of approximately R35,000 per month before rates, taxes and levies. Since - one bedroom has become vacant as the owner a tenant moved out and the owner has chosen not to fill it in preparation for sale. The property is being sold as is and it presents an excellent opportunity for an investor looking to secure a well-positioned student rental in Stellenbosch. Contact me today to arrange a private viewing. PILLAR PROPS 22 (PTY) LTD trading as RE/MAX Eikestad (Stellenbosch) operates in terms of a franchise agreement with RE/MAX of Southern Africa.