Paarl East · Apartment For Sale
2 Bedroom Apartment For Sale in Paarl East
- R 750,000
- 2 bd
- 1 ba
- 60 m²
Secure your High-Yield Investment with a Guaranteed Tenant
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 pm.Enjoy a gross yield of 10.22% 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!
Property Information & Features
- Property Type
- Apartment
- Listing Type
- For Sale
- Location
- Paarl East, Paarl
- Price
- R 750,000 · Get Pre-Qualified
- Price per m²
- R 12,500
- Levies
- R 1,300
- Rates
- R 385
- Floor Size
- 60 m²
- Erf Size
- 60 m²
- Bedrooms
- 2
- Bathrooms
- 1
Map & Nearby
Price Trends · Paarl East, Paarl beta
Select filters to see average property values
The current average sales price for a studio in Paarl East on ImmoAfrica.net is R 1,159,000
The current average sales price for a 2 bedroom property in Paarl East on ImmoAfrica.net is R 1,629,714
The current average sales price for a 1 bedroom property in Paarl East on ImmoAfrica.net is R 912,000
The current average sales price for a 3 bedroom property in Paarl East on ImmoAfrica.net is R 2,568,625
The current average sales price for a 4 bedroom property in Paarl East on ImmoAfrica.net is R 2,999,000
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Currently, there is not enough data to give you an estimated price. Please check back soon.
Currently, there is not enough data to give you an estimated price. Please check back soon.
Currently, there is not enough data to give you an estimated price. Please check back soon.
Currently, there is not enough data to give you an estimated price. Please check back soon.
Currently, there is not enough data to give you an estimated price. Please check back soon.
Currently, there is not enough data to give you an estimated price. Please check back soon.
Bedrooms | Buy | Rent |
---|---|---|
Studio | R 1,159,000 | |
1 Bed | R 912,000 | |
2 Bed | R 1,629,714 | |
3 Bed | R 2,568,625 | |
4 Bed | R 2,999,000 | |
5 Bed |
Bedrooms | Buy | Rent |
---|---|---|
Studio | R 193,167 | |
1 Bed | R 21,076 | |
2 Bed | R 19,923 | |
3 Bed | R 17,985 | |
4 Bed | R 4,058 | |
5 Bed |