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R1,400,000

7 De Watergracht, 7 Merriman Ave

Monthly Bond Repayment R14,213.21
Calculated over 20 years at 10.75% with no deposit. Change Assumptions

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Monthly Levy
R1,057
Monthly Rates
R253

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.

Features

1
1
1
Interior
Bedrooms
1
Bathrooms
1
Exterior
Garages
1
Security
Yes
Views
Yes
Sizes
Floor Size
26m²
Land Size
2,707m²

Stellenbosch Central, Stellenbosch

Living in Stellenbosch is a luxury many dream of. Located in the heart of the Cape Winelands, Stellenbosch can be found nestled among majestic mountains and authentic wine cellars. A large part of the town’s identity can be credited to the company of over 19, 000 resident students who contribute to the town’s distinctly youthful and vivacious culture.   While a 60-minute drive from Cape Town...
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
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:

Income

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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%

Monthly Payment

14,213.21

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