Property - Hotel Property - Cape Town - Ndabeni

Deluxe Suite In The 4 Star Colosseum Luxury Hotel, Century City - #I-1679

Sold

INVESTMENT OPPORTUNITY - SUITE @ THE COLOSSEUM

 

Suite 517 The Colosseum

 

The suite comprises:-

Lounge

Kitchenette

Bedroom with open plan en-suite

 

The purchaser will be entitled to a percentage of the pooled 29%  of the room revenue.

The amount allocated to the owners from the rental pool is based on the Initial Purchase Price of their Unit. 

The owner will be entitled to use the room for 28 days every year, (there are a few options involved with the usage, example: exchanging days with RCI.  When the owner is in residence using the 28 days he/she will be out of the rental pool

 

The Rental Pool Agreement is available on request

The Body Corporate Financials are available on request

 

Browse the Hotel's website to learn more about this Luxurious Hotel 

www.colosseum.co.za

 

 

Paula Voges 021-851-7007 Email

Item Specs

Building Size 41m²
Property Address Unit 517, SS The Colosseum, Century City
Title deed number ST28128/2007
Municipal land valuation R579,078.00
Monthly rates R828.70
Conduct Rules - 508.4 KB
Management Rules - 1.6 MB

Terms and Conditions

Terms: 10% deposit plus auctioneers commission payable on the fall of the hammer. Balance payable on registration of transfer. FICA documentation (ID & proof of address) will be required for auction registration.

Item Address

Map View | Street View | View Larger Map | Directions
Address:Colosseum Luxury Hotel, Century Place Boulevard, Century City, Cape Town, South Africa
GPS Coordinates: -33.89348 18.50571

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