Price Reduced
2 Bed Apartment in Paarl Central East
R 750 000
Address: 191 amberg, 191 amberg
2 Beds
1 Baths
Floor Area 60 m²
Rates R 385
Levy R 1300
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.
Key Property Features
2
Bedrooms
1
Bathrooms
1
Covered Parkings
1
Lounges
✔
Built In Braai
✔
Patio
✔
Security Post