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Investment opportunity with stunning mountain views
R 620,000
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General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):1
Bathrooms (#):1
Size (sqm):26
Parking:Covered
Description
Sole Mandate: This charming studio apartment, situated within the tranquil surroundings of La Vie Estate, presents an appealing investment opportunity for those seeking reliable rental returns. With its well-maintained interiors and thoughtful design, the unit offers residents a comfortable living space complemented by serene views of both the Du Toits Kloof and the majestic Paarl mountains.
In addition to its aesthetic appeal, the apartment complex boasts a range of amenities designed to enhance residents' convenience and quality of life. From ample parking space for residents and visitors alike to secure gating providing peace of mind, the complex ensures a hassle-free living experience. Furthermore, on-site laundry facilities eliminate the need for off-site trips, adding another layer of convenience for tenants.
Located in the bustling neighbourhood of Paarl East, the property benefits from its proximity to a burgeoning development scene. With various infrastructure projects and community initiatives underway, the area is poised for continued growth and improvement. This presents an excellent opportunity for investors looking to capitalise on the potential appreciation of property values over time.
Moreover, the property's exemption from transfer duty adds to its allure as an investment opportunity. By eliminating the upfront costs typically associated with property transactions, this exemption not only reduces the financial burden on buyers but also enhances the property's affordability and attractiveness in the market.
Get in touch to learn more about this excellent investment property today.
Property Reference #: RL11892
Agent Details:
Andre Cilliers
Louw and Coetzee Properties (PTY) Ltd
35 Main Road, Durbanville
In addition to its aesthetic appeal, the apartment complex boasts a range of amenities designed to enhance residents' convenience and quality of life. From ample parking space for residents and visitors alike to secure gating providing peace of mind, the complex ensures a hassle-free living experience. Furthermore, on-site laundry facilities eliminate the need for off-site trips, adding another layer of convenience for tenants.
Located in the bustling neighbourhood of Paarl East, the property benefits from its proximity to a burgeoning development scene. With various infrastructure projects and community initiatives underway, the area is poised for continued growth and improvement. This presents an excellent opportunity for investors looking to capitalise on the potential appreciation of property values over time.
Moreover, the property's exemption from transfer duty adds to its allure as an investment opportunity. By eliminating the upfront costs typically associated with property transactions, this exemption not only reduces the financial burden on buyers but also enhances the property's affordability and attractiveness in the market.
Get in touch to learn more about this excellent investment property today.
Property Reference #: RL11892
Agent Details:
Andre Cilliers
Louw and Coetzee Properties (PTY) Ltd
35 Main Road, Durbanville
Id Subtitle 1269699754
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Estimated monthly repaymentR 6,719
Total property loan amountR 620,000
Total interestR 992,557
Total repaymentR 1,612,557
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Louw and Coetzee Properties (PTY) Ltd
Selling for 5+ years
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