New Orleans, Paarl

Priced at just R750 000, this modern 2-bedroom apartment in secure Arriza, Paarl is already generating R7 500 per month, with reliable tenants in place. Step inside to a light-filled open-plan kitchen and living area, two comfortable bedrooms with built-in cupboards and a neat bathroom. Beautiful mountain views, a solar geyser and low-maintenance face-brick exterior add to its appeal.

With secure access, a dedicated parking bay and easy access to Paarl CBD, hospitals, schools and shops, this is a smart, hassle-free addition to any property portfolio. Price: R750 000
Rent: R7 500 p/m
Levies: R1 683 p/m
Rates: R325.30 p/m
12% gross yield. Tenant in place. Income from day one. A great opportunity for investors looking for value in Paarl.