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1 Bedroom Apartment Sold in Century City

R1,300,000


Monthly Bond Repayment R14,088.19
Calculated over 20 years at 11.75% with no deposit.

Web Ref No RLS933678

Excellently priced Executive Suite in The Colosseum with good returns

A great investment opportunity in Century City. Hassle free with none of the long term rental headaches. Ownership includes 28 nights stay per year at The Colosseum or exchange your 28 days at any other RCI Partner which includes a number of Hotels and Resorts worldwide. Fully furnished and catered. When buying this property, it remains in the rental pool which is managed by the Singer group (Hotel). The hotel then rents out the property as part of their business and takes care of all your property needs and the costs involved in managing the property. All the needed repairs and maintenance are handled in-house by the Hotel. Owners are paid quarterly, Nett of the monthly rates and levies. Contact the Agent for the Return on Investment Rates.

The spacious and luxurious Executive Suites have breath-taking views across Table Bay and of Cape Town’s iconic Table Mountain, Lion’s Head and Devil’s Peak. They are well equipped for both business travelers and holidaymakers, with a separate comfortable living area and open-plan kitchenette suited for simple meal prep. Perfect for working or relaxing, our Executive Suites have a sophisticated look and feel offering guests a memorable stay. Each air-conditioned suite is approximately 47㎡ and has an executive work desk, with international plug points, telephone, Wi-Fi. The elegant en-suite bathroom is open plan with a free-standing bath and shower.

Century City is one of the most beautiful suburbs in Cape Town with more than half of the 250-hectare suburb occupied by canals and nature reserves with a network of paths perfectly suited for a run or walk at any time of day in a secure environment. Canal Walk mega shopping precinct which offers the best local and international brands, cinemas, a food court and various restaurants. Other attractions include Intaka Island Nature Reserve, and the kilometers of canals for various water sports as well as Central Park which hosts events such as the Day Market, Night Market, Full Moon Hike, touch-rugby and the Galileo Open Air Cinema.

Features

Bedrooms 1
Security Yes
Bathrooms 1
Recep. Rooms 2
Floor Size 59m²
Land Size 59m²
Furnished Yes
Monthly Rates R922.00
Monthly Levy R1,130.00

Agent Contact Details

Helga Clemo
Principal Property Practitioner
Registered with PPRA
(FFC 202 322 120 8)

Cell 082 496 7987
Office (021) 2008474
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