In the student town of Stellenbosch, a new trend among parents is reshaping how they support their children during university: opting to invest in accommodation instead of renting.
More than 160 sales within the first four months of 2024 is a perfect example of this trend at The One Stellenbosch, a 508-unit private residence currently under construction.
This picturesque town, celebrated for its historic charm, fine wineries and prestigious university, presents a compelling case for parents to invest in real estate for their children’s benefit.
Student accommodation property boom
The One is arriving at a time where student accommodation is in crisis, with a surplus of demand and inadequate supply, especially in the premium accommodation space.
This, together with Stellenbosch’s strategic location in the economic heart of the Western Cape as well as its constrained land availability and stringent zoning laws, means the property market here offers stability and prospects for long-term appreciation.
Advantages of buying at The One Stellenbosch
Choosing to purchase an apartment at The One for your child’s university years is an investment in their future, offering numerous benefits:
- First, buying an apartment converts what would be rental expenses into equity in a tangible asset. This property not only provides a home for your child but should also appreciate in value, offering financial growth and stability. After graduation, the property remains an asset that could be sold or kept for continued income through rental to other students.
- Second, The One has been purpose-built to provide the best living conditions to its residents. Therefore, owning an apartment at The One, the pinnacle of Stellenbosch’s private residences, allows parents to ensure their child has a safe, comfortable and study-conducive living environment. This control over living conditions helps your child excel academically and socially.
- Furthermore, securing an apartment at The One removes the uncertainty about their accommodation worries, long before the academic year and their results are released. Peace of mind is paramount to your child having a stable and secure living situation, which reduces stress and fosters better focus on studies and personal development.
The imperative of investing
With the clear benefits laid out, the decision to invest in an apartment at The One over renting is crucial. As parents, it’s our responsibility to facilitate the best possible foundations for our children’s success. Investing in a property in Stellenbosch not only supports their educational endeavours but also provides them with a stable base, enhancing their well-being and future opportunities.
Imagine the reassurance that comes with knowing your child lives in a secure and supportive environment, free from the instability associated with renting. The financial security and potential returns from such an investment are considerable, especially in a sought-after location like Stellenbosch.
The One student development
The One is backed by leading South African residential and commercial property investors and developers including Buffet Investments, KLT, Hackprop, Johan van der Merwe and Yieldex, who have between them, delivered numerous successful residential and hotel opportunities in South Africa and abroad over the past 15 years.
Whether you have a child going to study at one of Stellenbosch’s many tertiary institutions, or are looking at investing in the robust student accommodation asset class, now is the time!
For more information and to secure your investment at The One, visit www.the-one.co.za. Discuss the development with the developer or add your child to the rental waitlist.
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