Urgent Sale | Seller Negotiable | Tenant Placement at projected R9850 included

No AI pictures

Henk specializes in brokering investment property — fast, focused, and deal-driven.

Ashbury Grove is a 46-unit sectional-title block within the award-winning Buh-Rein Estate, offering secure estate living and a communal braai area. The wider estate has a central landscaped green corridor, more than 20 pocket parks, walking, jogging and cycling routes, sports facilities and established recreational spaces — giving it a noticeably more open, lifestyle-focused feel than a conventional apartment development.

Location is a major drawcard: approximately **3.4km from the N1, 3km from CapeGate Shopping Centre, 2.9km from Mediclinic CapeGate, 9km from Tyger Valley, 12.8km from Bellville, 16km from Stellenbosch and 23.6km from Cape Town International Airport**. Stellenbosch University is approximately 23.2km away, while Cape Town CBD is around 35km away. The position also gives convenient onward access towards the R300/N2 corridor — ideal for tenants working across the Northern Suburbs, Stellenbosch and greater Cape Town.

Figures:

• Rent secured: R9 200 / month -  (R110 400 annual income) – +-11.9% gross yield.

• Free placement of the next tenant at R9 850 / month included — R118 200 annual income / +-12.7% gross yield.

• Net income after rates and levies at current rent: +-R6 100 p.m. / +-R73 200 annual income — +-7.9% nett rental yield.

• At R9 850 rental: +-R6 750 p.m. / +-R81 000 annual income — +-8.7% nett rental yield (without appreciation or loan repayments factored in).

Established estate | Excellent Northern Suburbs positioning.

If you are looking to sell your property to investors and cash out of an investment — Henk is your guy.