WELCOME TO

This unique boutique hotel offers 24 luxury five-star suites each individually decorated with top quality furnishings.
ABOUT

BOUTIQUE HOTEL KRIGE

Krige Street was created in 1905 with two ribbons of plots on either side running in a southerly direction from Dorp Street towards the Eerste River and falls within the in the historic quarter of Stellenbosch.

We are situated in walking distance of the many restaurants, shopping and cultural venues of Stellenbosch as well as the world-renowned Stellenbosch Academy of Sport (SAS).

For the discerning traveller, Krige Street Hotel is a mere 10 minutes’ drive away from various golf courses, many renowned wine farms, 30 minutes to the Victoria & Alfred Waterfront and 20 minutes from Cape Town International Airport.

WHAT'S ON OFFER?

Properties with such a prime location and offering do not come around in Stellenbosch very often and the developers are proud to offer an opportunity to the discerning property investor to own his suite(s).
Every suite comes with: -

Five star furnishes

All finishes and furniture comply to 5 star standards.

Kichenette

Self service kitchenette with bar fridge, convection microwave oven, coffee machine, bowl and complete set of utensils.

Lounge

Use of communal lounge area and coffee station.

Beds

Two top quality single beds that convert into a double bed.

Work space

Work space for two persons.

Parking Bay

Use of an underground parking bay when suite is occupied.

En-suite bathroom

Every suite has a fully equipped en-suite bathroom with shower, toilet and basin.

Fully connected

WiFi, telephone, full DSTV

Amenities

Use of SAS gymnasium, pool and catering facilities.

RENTAL OPTION

Over and above direct ownership, suite owners have an option to make their suite available to a rental pool ensuring a sustainable income stream.
Indicative calculation when placed in the rental pool:

PERSONS

%

NO DAYS

RATE
per person

MONTHLY RENTAL

VACANCY FACTOR

OPERATING COST

ANNUAL INCOME

Single

60%

18

1

27 000

30%

20%

Double

40%

12

2

36 000

30%

20%

TOTAL

30

1 500

63 000

18 900

12 600

378 000

Average cost per suite R3 800 000 inclusive of all costs

Return - 9.9%

Developer will provide a rental guarantee of 9 % p.a. for 24 months.

PRICING

Prices include VAT of 15%, Agent’s Commissions, Attorney transfer cost, but exclude any bond registration cost.

FLOOR

ROOM

ROOM

PATIO

PQ

TOTAL

PRICE

STATUS

Ground Floor

001

30.36

8.90

19.78

59.04

3 983 310

Sold

Ground Floor

002

30.36

8.90

19.78

59.04

3 983 310

Sold

Ground Floor

003

30.36

8.90

19.78

59.04

3 983 310

Sold

Ground Floor

004

30.36

8.90

19.78

59.04

3 983 310

Sold

First Floor

105

30.36

0.00

19.78

50.14

3 520 049

Available

First Floor

106

30.36

0.00

19.78

50.14

3 520 049

Available

First Floor

107

30.36

0.00

19.78

50.14

3 520 049

Available

First Floor

108

30.36

0.00

19.78

50.14

3 520 049

Available

First Floor

109

27.00

8.12

19.78

54.90

3 775 449

Available

First Floor

110

29.25

6.88

19.78

55.91

3 829 676

Available

First Floor

111

17.00

0.00

19.78

36.78

2 984 174

Available

First Floor

112

28.00

3.52

19.78

51.30

3 582 168

Available

First Floor

113

30.36

0.00

19.78

5014

3 520 049

Available

First Floor

114

30.36

7.04

19.78

57.18

3 898 022

Available

Second floor

115

30.36

0.00

19.78

50.14

3 643 823

Available

Second floor

116

30.36

0.00

19.78

50.14

3 643 823

Available

Second floor

117

30.36

0.00

19.78

50.14

3 643 823

Available

Second floor

118

30.36

0.00

19.78

50.14

3 643 823

Sold

Second floor

119

27.00

8.12

19.78

54.90

3 910 966

Available

Second floor

120

29.25

6.88

19.78

55.91

3 967 685

Available

Second floor

121

17.00

0.00

19.78

36.78

2 984 174

Available

Second floor

122

28.00

3.52

19.78

51.30

3 708 798

Available

Second floor

123

30.36

0.00

19.78

50.14

3 643 823

Available

Second floor

124

30.36

7.04

19.78

57.14

3 982 713

Available

GALLERY

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CONTACT US

Address:

12 Krige Street,
Stellenbosch
7600

Phone:

Santie de Bruyn – 082 444 0955
Kobie du Preez – 072 576 4275