President Hotel Room - Cape Town - South Africa Other Properties Property For Sale Or Rent at BestRealEstatePlanet.com

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Property For Sale Or Rent: President Hotel Room - Cape Town

South Africa, Western Cape

Western Cape
South Africa

: $44,000 USD

Hotel Room For Sale or For Rent in Western Cape South Africa

Unit 626 D/ Room624 - President Hotel - Bantry Bay, Cape Town, South Africa on the Sixth Level
Hotel Room: Fully Furnished, insured and maintained with Room Service Sectional title unit, 35 square meters. Run by the Protea Hotel group. No Transfer costs, Company owned. Worth R420 000:00 at purchase. Tied to a Rental Pool Agreement - owners receive share of profits monthly net of expenses.

Unit 626 D/ Room624 - President Hotel - Bantry Bay, Cape Town, South Africa on the Sixth Level
Hotel Room: Fully Furnished, insured and maintained with Room Service Sectional title unit, 35 square meters. Run by the Protea Hotel group. No Transfer costs, Company owned. Worth R420 000:00 at purchase. Tied to a Rental Pool Agreement - owners receive share of profits monthly net of expenses. Owner entitled to use unit for a period of thirty days any time of the year. Double Bed and Sleeper couch.. Bond of R297 867.00 from Nedcor Bank. Unit is VAT registered. Linked to Interval International. Suited to International corporate or private investors who do business in Cape Town. Could earn you R48000.00 per annum. Priced at R350 000:00 excl ( About $43 750 ).

Property Summary