NO TRANSFER DUTY
SOLE MANDATE
Web Ref JRL45366
NO TRANSFER DUTY
Web Ref JRL45366
POA
Monthly Bond Repayment R279,546.36
Calculated over 20 years at 10.5% with no deposit.
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Investment Opportunity – NEW - 14 Modern Two-Bedroom Apartments in Paarl
An exceptional residential investment opportunity comprising 14 modern two-bedroom apartments, designed as two identical sections of the development.
The development consists of six blocks in total — three blocks on each side — providing 7 two-bedroom apartments per side and 14 apartments overall. The units are arranged in a secure, attractive residential environment with landscaped communal areas, paved access and dedicated parking.
A strong income-producing investment
The development is particularly suited to an investor looking for a hands-off residential rental portfolio with multiple income streams under one ownership.
Investment highlights:
14 × two-bedroom apartments
All units have a modern, practical layout
Secure gated residential environment
Dedicated parking and landscaped surroundings
Attractive contemporary architecture
Excellent appeal to young professionals, couples, families and hospital/medical personnel
Target investment return of approximately 9%
One consolidated investment rather than managing multiple individual properties
Potential for long-term capital appreciation in Paarl
The location is especially attractive for rental demand. Paarl Hospital is at 10 Hospital Street in Lemoenkloof, placing the development close to an important employment and healthcare node.
The surrounding area also provides convenient access to schools, shopping and everyday amenities, including Optenhorst Village Mall, Rembrandt Mall and Paarl Mall. Several established schools are also nearby, including Noorder-Paarl Secondary School and Paarl Boys' High School.
Why this makes sense for an investor
Rather than purchasing a single apartment and relying on one tenant, the investor acquires 14 rental-producing units in one development. This diversification can provide greater income stability because a vacancy in one apartment does not eliminate the entire property's rental income.
There is also evidence of established demand for apartment rental accommodation in Paarl. A recently marketed apartment investment in Paarl, for example, comprises 26 residential apartments and reports strong existing rental demand, with two-bedroom units forming a significant portion of the rental stock.
The opportunity
14 apartments × rental income = a substantial recurring income stream, with the advertised 9% return providing an attractive starting point for an investor seeking yield together with the potential for long-term property appreciation.
A modern residential development. Fourteen two-bedroom apartments. One investment. A compelling income opportunity in Paarl.
The development consists of six blocks in total — three blocks on each side — providing 7 two-bedroom apartments per side and 14 apartments overall. The units are arranged in a secure, attractive residential environment with landscaped communal areas, paved access and dedicated parking.
A strong income-producing investment
The development is particularly suited to an investor looking for a hands-off residential rental portfolio with multiple income streams under one ownership.
Investment highlights:
14 × two-bedroom apartments
All units have a modern, practical layout
Secure gated residential environment
Dedicated parking and landscaped surroundings
Attractive contemporary architecture
Excellent appeal to young professionals, couples, families and hospital/medical personnel
Target investment return of approximately 9%
One consolidated investment rather than managing multiple individual properties
Potential for long-term capital appreciation in Paarl
The location is especially attractive for rental demand. Paarl Hospital is at 10 Hospital Street in Lemoenkloof, placing the development close to an important employment and healthcare node.
The surrounding area also provides convenient access to schools, shopping and everyday amenities, including Optenhorst Village Mall, Rembrandt Mall and Paarl Mall. Several established schools are also nearby, including Noorder-Paarl Secondary School and Paarl Boys' High School.
Why this makes sense for an investor
Rather than purchasing a single apartment and relying on one tenant, the investor acquires 14 rental-producing units in one development. This diversification can provide greater income stability because a vacancy in one apartment does not eliminate the entire property's rental income.
There is also evidence of established demand for apartment rental accommodation in Paarl. A recently marketed apartment investment in Paarl, for example, comprises 26 residential apartments and reports strong existing rental demand, with two-bedroom units forming a significant portion of the rental stock.
The opportunity
14 apartments × rental income = a substantial recurring income stream, with the advertised 9% return providing an attractive starting point for an investor seeking yield together with the potential for long-term property appreciation.
A modern residential development. Fourteen two-bedroom apartments. One investment. A compelling income opportunity in Paarl.
Features
Pets Allowed
No
Interior
Bedrooms
28
Bathrooms
16
Kitchen
14
Reception Rooms
28
Furnished
No
Exterior
Garages
14
Security
Yes
Parkings
2
Flatlet
14
Pool
No
Sizes
Floor Size
1,300m²
Land Size
2,400m²
