Auction Description
Below you'll find key points about the auction:
ONLINE BIDDING OPENS:Â 12:00 ON TUESDAY, 15 JULY 2025
ONLINE BIDDING CLOSES:Â 12:00 ON WEDNESDAY, 16 JULY 2025
AUCTION OF:Â UNITS 1, 5, 9 & 10, VILLA RIVIERA, 2 DE VILLIERS STREET, PARYS, FREE STATE
AUCTIONEER’S NOTE:
THIS RETIREMENT ESTATE OF 105 UNITS IS SITUATED ON THE BANKS OF THE VAAL RIVER, WITH A COUNTRY LIVING FEEL, CLOSE TO ALL AMENITIES!
VILLA RIVIERA RETIREMENT VILLAGE
Unit 1Â - Utilized as frail care accommodation
Measuring: 794 m²
Improvements:
Frail care accommodation with reception area, kitchen facilities & 16 rooms with facilities.
Excellent income investment!
Gross annual income potential: ± R2,611,200
Unit 5:
Measuring: 52 m²
Improvements:Â (Bachelor flat lay out) Bedroom/living room with basin & bathroom
Unit 9:
Measuring: 47 m²
Improvements:Â (Bachelor flat lay out) Bedroom/living room with basin & bathroom
Unit 10:
Measuring: 92 m²
Improvements:Â 2 bedrooms, 1 with basin, TV/living room and bathroom
All units offered separately and jointly.
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