1 Bedroom Flat For Sale in Braamfontein

R590,000


Monthly Bond Repayment R5,213.89
Calculated over 20 years at 8.75% with no deposit.

Web Ref No 3901874

A cut above the rest!! An Exclusive Investment Opportunity

Great Investment apartment! A hassle-free Investment Unit within a 4 star operating Marriott group hotel. Spacious apartment with a private bedroom, balcony, and astonishing views! Own a unit within this very attractive 4 Star Marriott franchised hotel.

The hotel has many conference venues, restaurant, bar, a Skylevel with gym, bar terrace, and a pool with a view to die for. This is an amazing opportunity that doesn't come along often. No hassles with tenants, levy, rates, maintenance, cleaning, leases etc just a steady stream of income every month at no additional costs.

What's in it for the buyer; - A monthly pay-out of R 3750 is paid to all owners on the 25th of every month and after the year-end financials are finalized, they may be a further once-off distribution to owners depending on the profitability of the hotel. Distributions are reviewed from time to time and may increase into the future if the hotel performs better...

Features

Bedrooms 1
Security Yes
Bathrooms 1
Floor Size 55m²
Land Size 637m²
Pool Yes

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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