R 775 000 | 2 bed property for sale in paarl east

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!