Investment Properties For Sale In South Africa

Long the domain of wealthy investors only, a prestigious yet affordable Stellenbosch address is finally within reach. At Mt Simon Estate, a rare opportunity now presents itself in providing own-title homes designed to meet the never-ending demand for student accommodation and affordable starter homes for those working in and commuting to Stellenbosch, and who have hitherto been unable to get a foothold in this expensive property market.

Driven by strong demand for affordable housing in this area, Mt Simon Estate is therefore a rare opportunity to invest in growth.

Mt Simon Estate offers tranquil living and a quiet, ideal study environment in a secure, gated and patrolled development.

The Estate is within easy access of the main Stellenbosch road network, and features a daily transport service to campus. For those with their own transport, the estate makes ample provision for lockable parking and off-street visitor parking at each home.

All this within a walled secure development with 24/7 security and access control. Spacious individual rooms feature own or shared bathrooms, built-in cupboards, study areas and own outside doors for easy access. Each home has its own pergola stoep with ample space for outside entertainment areas, garages (not included) and future alterations.

Space features strongly throughout the development in green areas between homes, access to the river flowing through the estate, and communal braai areas.

Key Features

• Set for completion April 2011
• 1.3 km from University of Stellenbosch campus
• Landscaped open spaces
• Built-in cupboards and study areas in all bedrooms
• ADSL ready and connection to university network
• Shuttle transport Monday-Saturdays,7am-11pm on the hour every hour to university campus (Drop off Neelsie Student Center)
• Monthly levy includes garden maintenance (Cutting of grass and irrigation system)
• 2.2 Perimeter walls
• 24/7 Security and access control
• Thumb print identification
• Electric Fencing
• CCTV Cameras

Mt Simon Estate is set in farmlands on the banks of the Plankenburg River, west of Stellenbosch on the Klipheuwel Road, within easy access of the main Stellenbosch road network, minutes from the centre of town.

New - Off Plan - Set for completion end 2011

R20 000 deposit secures your unit

Investment Breakdown

• Monthly levies R875
• Monthly Rates & Taxes R500
• Deposit R20 000 deposit secures unit
• Transaction Costs: Transfer fees and Interim Interest Included
• Capital Growth: Calculated at 10% per anum

Financed at 100%
RVR:  
Repayments (30yr): R 
Shortfall: R
Breakeven Year: 

Financed at 50%
RVR: 0.96 
Repayments (30yr): R4 666.81 
Surplus: R3 128.56
Breakeven Year: 1

Brokers: 50% referral commission

Download Data Sheet
 Mt Simon_50%