Paarl - MR627529

Apartment in Paarl, WCape - Stellenbosch,Franschhoek,Paarl, Western Cape

R 750,000 Price Reduced

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60m2
60m2
Paarl - MR627529
Apartment in Paarl, WCape - Stellenbosch,Franschhoek,Paarl, Western Cape
R 750,000
2 Bedroom Apartment for Sale For Sale in Paarl - MR627529
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Key Features

Rooms

  • 2 Bedrooms
  • 1 Bathrooms

Services

  • Levy R1300
  • Rates and Taxes R385

More Features

  • Property Type - Apartment
  • Seller Type - Private Property
  • Floor Area - 60m2
  • Erf Size - 60m2
  • Price per square floor meter - R12,500 per m2
  • Price per square erf meter - R12,500 per m2

MyRoof Stats

  • 54 Views
PID=627529 DID=651705 SID=1

This fantastic ground-floor corner unit offers a stable and secure investment with a guaranteed tenant in place!

Why This Property Stands Out:

Excellent Tenant: This property is currently leased to a reliable tenant with a four-year history of on-time payments who wants to stay! Minimal vacancy risk ensures a steady stream of income.

High Yield: Rental R6600 [hidden] a gross yield of [hidden] and a projected net yield close to 8%. Rental increase coming in November 2024 further boosts your returns.

Low Fees: Save on transfer duty with this fantastic opportunity. Only standard transfer/lawyer fees and (bond costs if applicable) apply.

Prime Location: This desirable ground-floor corner unit boasts a built-in covered braai area, perfect for entertaining, and offers a convenient under-roof allocated parking bay.

Peace of Mind: 24/7 manned security in the complex provides a secure environment for your investment.

Don't miss out on this opportunity to secure a high-yield, low-maintenance investment with a reliable tenant!



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