Universiteitsoord, Stellenbosch

A studio of 27 square metres at The Paddocks, offering what the entry-level units in the building cannot: room for a seating area, and space for a visitor to stay. The position is the draw. Universiteitsoord lies within an easy walk of the faculties, the library and the centre of town, and the patrolled Green Route in the area — a consideration for anyone returning after dark, and a question every prospective tenant asks. The Paddocks was built specifically to house students, and the specification reflects it. Entry to the building is by facial recognition, the perimeter is electrically fenced, and the apartments are fitted with security shutters. Residents share an on-site laundry. EDGE green-building certification keeps consumption, and therefore the monthly bills, low. The additional floor area matters commercially as well. At this size the apartment appeals beyond the undergraduate market to postgraduates and young professionals, widening the tenant pool and loosening the dependence on the academic calendar that defines the smaller units. The seller will settle the transfer duty on this transaction; the purchaser carries no duty above the asking price. Levy schedule, full specification and rental figures supplied on request. Appointments to view arranged directly.