Popular Student Residence in Stellenbosch to be auctioned

Posted On Friday, 07 June 2013 11:36 Published by Commercial Property Auctions
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An 18 room student residence, situated in the heart of Stellenbosch will go under the auctioneers gavel on 20 June 2013. 

Banghoek PropertyThe property at 217 Banghoek Way, Stellenbosch, is a popular residence for many students due to its central location.

Comments Jason Poultney of Aucor, 'The site is located in close proximity to various university buildings which promotes student rental demand, and as such is an attractive investment for many investors. With the university buildings, shops and entertainment areas close to the residence, it is very popular amongst students.''

The property comprises a double storey building measuring ± 560m². Both the ground floor and first floor each comprise of 9 large en-suite bedrooms, a communal kitchen, lounge and entertainment area. There are separate entrances for each level and the property features 18 secure parking bays.

Adds Poultney, "Primely positioned properties like this are hard to come by and with Stellenbosch consisting mostly of students, due to the historical university, this property is an investment and will be profitable for years to come"

The auction will take place at The Pavilion Conference Centre, Clocktower Centre, V&A Waterfront, Cape Town at 12pm on Thursday 20 June 2013.

For more information please contact Jason Poultney on 084 404 1010 or This email address is being protected from spambots. You need JavaScript enabled to view it.. Visit www.aucor.com for more information.

Last modified on Sunday, 09 June 2013 20:40

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