This Southern Paarl site features approximately two hectares of garden and breathtaking 360 degree views of the Drakenstein, Simonsberg, Paarlberg and Franschhoek mountain ranges. Residents of this fully tenanted, well-established estate enjoy a mere 5 minute drive to town and the popular Paarl Mall, making local amenities a breeze to access.
For those who are family-oriented, an excellent range of local schools are an average of 4kms away and for those who consider themselves fairly knowledgeable on wine, a host of wonderful wine farms are an easy 3.8kms away. This lovely security estate is more than just a home for all residents who choose to live here.
Cape Town is a niche property market, because it is robust despite economic pressures. The demand for high-end properties remains strong and above average house price inflation is likely to prevail. The severely constrained supply caused by the unique geography of this market has resulted in unprecedented demand, which in turn continues to push up sales prices.
We have been active in this estate for the last 5 years and have seen how this development has grown into an investors haven, boasting high demand for rentals as well as capital growth.
- 10,4% Return On Investment
- From R1 595 000
- Transfer costs included
- High rental demand
- 24-hour manned security
- Close to local amenities
- Onsite restaurant, laundromat and conference facilities