R 750 000
2 Bed Apartment in Paarl Central East
191 amberg, 191 amberg
2
1
1
60
Welcome to your latest investment opportunity. This property is currently tenanted with a four-year good standing tenant, who would like to remain in the property if possible.
Current rent R 6 600 which makes the Gross Yield a superb 10.56%. Net yield close to 8%. Rental escalation, is due in November 2024.
This is a ground floor corner unit with built in covered braai area and one under roof allocated parking bay. There is no transfer duty on this property, only transfer/ lawyer and (bond cost if applicable). In addition, the complex offers 24/7 manned security, giving you that peace of mind.
Property details
- Listing number T4550087
- Property type Apartment
- Floor size 60 m²
- Rates and taxes R 385
- Levies R 1 300
Property features
- Bedrooms 2
- Bathrooms 1
- Lounges 1
- Covered Parkings 1
- Patio
- Security Post
- Built In Braai
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