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Stellenbosch's Student Housing Development Sparks Investment Frenzy

Published March 13, 2024
2 months ago

In the idyllic town of Stellenbosch, notorious for its high calibre tertiary institutions and picturesque scenery, a new development is making waves in the real estate market. "The One Stellenbosch", a promising luxury student residence, is set to deliver 508 units by December 2024, stirring excitement among investors and future residents alike.

An overwhelming shortage of high-quality student accommodation has led to an unprecedented investment opportunity. The One, an unrivaled property within South Africa, has sold an impressive 415 units since its launch with sales showing no sign of slowing down. With a spike of 95 sales registered in 2024 so far, the buzz around this development is palpable. Especially, since the property prices are anticipated to continue rising due to the increasing scarcity of such premium accommodations.

The developers, steadfast in their mission, promise a product that will not only meet but exceed expectations. Positioned as a state-of-the-art solution to the dire need for premier student housing, The One's strategic location places it close to campus, inviting overwhelming rental enquiries. Over 1500 students have expressed interest for 2025, which highlights the project’s high demand.

Recognizing the holistic needs of students, The One is not just a place to stay; it's a vibrant community hub. Here, students can enjoy a wide range of amenities from academic facilities with high-speed Wi-Fi to leisure and lifestyle features including a resort-style pool, fitness center, and an array of dining options.

Further speaking to The One's allure is its attention to students’ well-being and convenience. Over R40 million, pooled by local developers including The One's team, has been channeled into upgrading local infrastructure. Efforts include pedestrian-friendly initiatives and major security enhancements to ensure a safe and accessible student environment.

The property is not solely enticing to students; property investors and parents are among those who have recognized the lucrativeness of this investment. The One promises a profitable return in the bustling student accommodation sector.

In response to the clamour for more individualized living spaces, the developers have introduced a deluxe one-bedroom unit. These premium apartments offer air conditioning, parking, and are outfitted with a bespoke furniture package. Limited to only 10, these units represent an exquisite opportunity for the discerning buyer.

The One is more than a residence; it’s a community tailored to the next generation of scholars, where every need is considered and every comfort is provided. With the backing of seasoned property professionals, The One Stellenbosch is poised to be a landmark and a prudent investment for those dedicated to securing a bright future.

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