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R19,460,000

Brilliant Investment Opportunity

Landmark new development in trending Paarl, Western Cape, designed by Gordon Hart Architects is attractive both for an investor and also for someone who would continue the sectionalizing of the development (currently underway), given the healthy appetite for housing in this area.

This very neat, newly completed and fully let low maintenance face brick development, commanding beautiful mountain views is situated in the quiet residential area of New Orleans between Paarl and Wellington.

The 36 two bedroom units 47/48m² each have an allocated parking bay plus there are 18 additional parking bays earning an extra rental income. The 12 ground floor units each have 40 sqm private paved areas. Built on a 3,317 sqm erf, the building under cover is 1,800 sqm.

Known for its extensive use of greening through a successful Eco pilot project, each unit in the development boasts it's own 150 litre solar geyser with a 9 year warranty as well as individual water and electricity meters amongst many features.

Zoned as Neighbourhood Business.

Your best performing investment yet!

Viewing by appointment.

Features

0
18
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
1,800m²
Land Size
3,317m²
Parking Bays
Open Parking Bays
18
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Kapstadt International Properties website is accurate and up to date, Kapstadt International Properties makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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