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R1,999,999

Monthly Bond Repayment R21,674.13
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Apartments with Continual Income Potential!

Discover an outstanding investment prospect in the heart of Parys. We are thrilled to present this exceptional residential property, currently yielding a consistent monthly income. This versatile property comprises not one, but FOUR apartments, making it an alluring choice for astute investors and those seeking to enhance their real estate portfolio.
Nestled within a large property, this residence has been intelligently divided into four separate apartments, each with its own distinct character. Boasting four garages and four carports, the property is enclosed by secure prefab walling and features an electric gate for enhanced safety.

Apartment Breakdown:
First Apartment:
One-bedroom, full bathroom
Open lounge and kitchen layout
Private garden

Second Apartment:
Two bedrooms, one bathroom
Open plan lounge and kitchen
Private garden

Third Apartment:
Two bedrooms, one bathroom
Open plan lounge and kitchen
Private garden

Fourth Apartment:
Two bedrooms, one bathroom
Open plan kitchen and lounge
Private garden
Additional features: Storeroom and laundry facilities

Key Features and Benefits:
Established apartments with a proven track record.
Four individual dwellings that optimize income potential.
Superbly situated in the heart of Parys, ensuring strong tenant demand:
Just 625 meters from the Vaal River.
Merely 400 meters from CBD.
Conveniently located 1.3km from Rivershed Mall.
Well-maintained and primed for seamless leasing.

An unmissable investment opportunity, promising exceptional returns and substantial potential.
Whether you're a seasoned investor or a first-time purchaser, this commercial property is a rare gem that guarantees a steady stream of income. Do not hesitate to secure your future prosperity. Act today and schedule a viewing to seize this remarkable investment before it slips away.
For inquiries and to arrange a viewing, please contact us at your earliest convenience. This is your chance to make a lasting investment in your financial future. Don't let this opportunity pass you by. Contact me!

Features

7
4
4
Pets Allowed
Yes
Interior
Bedrooms
7
Bathrooms
4
Kitchens
1
Reception Rooms
4
Exterior
Garages
4
Carports / Parkings
4
Sizes
Land Size
1,071m²
Extras
Laundry • Built In Braai • House Style: Contemporary • Views: Urban • Locality: Close To Shops • Living Area: Formal Lounge • Living Area: Open Plan • Kitchen: Original • Kitchen: Standard • Kitchen: Open Plan • Kitchen: Double Sink • Kitchen: Free Standing Stove • Kitchen: Finish • Kitchen Finish: Timber • Main Bedroom: Double • Main Bedroom: Built-in-robe • Bedroom 2: Double • Bedroom 2: Built-in / Wardrobe • Main Bathroom: Bath • Main Bathroom: Separate Shower • Laundry: In Bathroom • Laundry: In Kitchen • Additional Rooms: Guest Toilet • Outdoor Living: Garden • Outdoor Living: Verandah • Outdoor Living: Washing Line • Workshop: Combined • Land Contour: Flat To Sloping • Condition: Good • Water Supply: Town Supply • Sewerage: Mains

Parys, Parys

Parys is a town situated on the banks of the Vaal River in the Free State province of South Africa. Parys is the Afrikaans pronunciation of Paris and legend has it that the name was given by a German surveyor named Schilbach who had participated in the Franco-Prussian War siege of Paris. With the town being set on the banks of the Vaal River it is said to have reminded him of Paris on the banks of the river Seine...
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Disclaimer: While every effort will be made to ensure that the information contained within the Harcourts South Africa website is accurate and up to date, Harcourts South Africa 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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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

21,674.13

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