1 Bedroom Flat For Sale in Braamfontein

R600,000


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)

Features

Bedrooms 1
Security Yes
Bathrooms 1
Floor Size 55m²
Garages 1
Extras

Property has a generator.

Agent Contact Details

Jabulani Xaba
Johannesburg Central

Cell 0824858446
Office (011) 4031970
Mirriam Munyai
Johannesburg Central

Cell 0824858446
Office (011) 4031970
Byron Cornish
Johannesburg Central

Cell 0835566774
Office (011) 4031970

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