Monthly Bond Repayment R5,790.13
Calculated over 20 years at 10.0% with no deposit. Change Assumptions
Web Ref No 3495622
A Great Hassel Free Investment Opportunity!!
Great Investment opportunity, a hassle-free investment property, a suite in the Protea Parktonian hotel Well located within Braamfontein and well equipped; with several conference venue's, restaurant, gym, a rooftop bar with pool and a view to die for.
This is an opportunity that doesn't come along often. No need to worry about tenants, maintenance, cleaning, leases, etc just a steady stream of income every month at no additional costs.
As an owner you are guaranteed a steady income of +/- R 3700 per month - At the end of the year after accounts are audited an equal part of ALL - the hotels profit; Conferences, rooms, food & beverage will be divided equally over the 300 suites and their owners. - 2 weeks per year you can book to stay cost free at your own suite (note, no permanent residence allowed)