3 Bedroom Apartment Block For Sale in Parys

R6,100,000

Monthly Bond Repayment R66,106.13
Calculated over 20 years at 11.75% with no deposit.

Web Ref No CPR28655

Investment opportunity

This 10-unit complex comprises five 3-bedroom and five 2-bedroom units all owned by a single owner. Now in the market for the first time since being built during 2005.

Each three-bedroom unit has en-suite and main bathrooms(both with shower and bath), kitchen, laundry area, open-plan lounge and double lock-up garage. The two-bedroom units include a single bathroom (with bath and shower), kitchen area, open-plan lounge and single lock-up garage. All bedrooms are carpeted, whilst all bathrooms have tile flooring.

Small lawns in front of each unit, and washing lines at the rear. Tiled roofs throughout the complex. Electrified fences and motorised access gates secure the complex. Prepaid electricity meters in all units, as well as for electric fencing & gate motors. Pressure pump and 2x 10000li water tanks recently installed.

Asking price includes VAT, so if the buyer is VAT registered it can be claimed back from the Receiver of Revenue. Accounting books can be provided to serious investment buyers.

Features

Bedrooms 3
Bathrooms 2
Recep. Rooms 1
Garages 2
Land Size 3,468m²
Monthly Rates R6,800.00

Extras Laundry
TV Port
House Style: Contemporary
Living Area: Open Plan
Kitchen: Open Plan
Main Bedroom: Double
Main Bedroom: Built-in-robe
Ensuite: Bath
Ensuite: Separate Shower
Bedroom 2: Single
Bedroom 2: Built-in / Wardrobe
Bedroom 3: Single
Bedroom 3: Built-in / Wardrobe
Main Bathroom: Bath
Main Bathroom: Separate Shower
Laundry: In Kitchen
Window Coverings: Drapes
Heating / Cooling: Electric
Garaging / Carparking: Double Lock-up
Land Contour: Flat To Sloping
Condition: Good
Water Supply: Town Supply
Sewerage: Mains