Real Estate

Frail Care Unit & 3 Residential Units

Auction House
Online
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Bidding Starts
Tuesday 15 July at 12:00PM
Bidding Closes From
Wednesday 16 July at 12:00PM
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Location
Parys, Free State
Erf Size
±985m²
Auction Description

Below you'll find key points about the auction:

ONLINE BIDDING OPENS: 12:00 ON TUESDAY, 15 JULY 2025

ONLINE BIDDING CLOSES: 12:00 ON WEDNESDAY, 16 JULY 2025

AUCTION OF: 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 1 - 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: (Bachelor flat lay out) Bedroom/living room with basin & bathroom

Unit 9:

Measuring: 47 m²

Improvements: (Bachelor flat lay out) Bedroom/living room with basin & bathroom

Unit 10:

Measuring: 92 m²

Improvements: 2 bedrooms, 1 with basin, TV/living room and bathroom

All units offered separately and jointly.

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