Stellenbosch is the second oldest town in South Africa and is well known for its cultural and heritage attractions. Stellenbosch is also a renowned university town. Historically, residential properties in student towns around the world achieve higher capital growth compared to the national average. This is due in part to the impact that the influx of students has on the local population, which in turn fuels sustained rental demand. The steadily increasing student population is one of the major driving forces behind Stellenbosch's thriving local economy and resilient residential property market. Stellenbosch is also establishing itself as an innovation hub, attracting investors and blue-chip corporate companies. The picturesque town has the most JSE-listed corporations of any other “secondary municipality” outside of a metropolitan area in the country, and is also one of the fastest growing areas for high-net worth individuals with these numbers rising by over 20% over the past 10 years. With a shift in the property market to convenient, lock-up-and-go living, we are seeing growing interest in mixed-use accommodation that offer desirable amenities that provide a secure and convenient lifestyle. Dstv-facilities, an elevator, biometric access, fibre, basement parking and security compliment our development, Bosmans Club and certainly adds considerable value. The importance and need for your own private home has become more imperative. This is even more prominent on our sectional title sector in which the prices in this University town continue to show a steady growth in value and demand, which is fuelled by the ongoing need for student accommodation, even more so - private apartment living which is our future. It caters for the live-work-play property trend that is extremely in demand. People want to live in an inclusive area that caters for all their needs. Stellenbosch's emerging Bosmans Crossing precinct and the upgrade of the Adam Tas Corridor, has been identified as a key growth area for future development, being referred to as the ‘new town of Stellenbosch'. According to the municipality's spatial development plan, this new precinct will be five times the extent of the VA Waterfront, and just as significant for the future of Stellenbosch as its counterpart has proved to be for Cape Town. An investment in this area now will yield considerable returns in the next few years, as this new high-density district starts to take shape offering a city apartment and country living combined. With this area being identified as the most significant redevelopment opportunity within Stellenbosch, leads to the opportune time to buy now.
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