Hotel Room for sale
INVESTMENT OPPORTUNITY .
One bedroom HOTEL SUITE in Umhlanga Ridge available for sale.
This property forms part of a rental pool for the hotel to let out. The owner shares in the profits after running costs have been deducted. Distribution of earnings are made quarterly and then 6 monthly in arrears.
Owner is responsible for the monthly Municipal rates. Levies are covered by the hotel.
NB: THE OWNER MAY NOT TAKE UP RESIDENCE IN THE UNIT. The owner may use the unit for 31 Days per annum at the discretion of hotel management.
Call me today to discuss further.
One bedroom HOTEL SUITE in Umhlanga Ridge available for sale.
This property forms part of a rental pool for the hotel to let out. The owner shares in the profits after running costs have been deducted. Distribution of earnings are made quarterly and then 6 monthly in arrears.
Owner is responsible for the monthly Municipal rates. Levies are covered by the hotel.
NB: THE OWNER MAY NOT TAKE UP RESIDENCE IN THE UNIT. The owner may use the unit for 31 Days per annum at the discretion of hotel management.
Call me today to discuss further.
Monthly Rates
R2,987
Features
Interior
Exterior
Sizes
Listing Info
New Town Centre, Umhlanga
- Street map
- Street view
- Amenities
- Schools
Filling Station
0.33 km - Gateway
0.47 km - Gateway Caltex
0.79 km - Shell
Bus Station
0.30 km - Classic Coachwork
Hospital/Clinic
0.44 km - Body Science Clinic
0.47 km - Dr M Daya
0.56 km - Dr J Willers
Police Station
0.82 km - South African Police Service Umhlanga Police Station
1.78 km - South African Police Service - Umhlanga Rocks
Shopping Centre
0.42 km - Gateway Theatre Of Shopping
0.42 km - Gateway Theatre Of Shopping
0.53 km - The Crescent Shopping Centre
0.13 km - Richfield Umhlanga Campus
0.21 km - Excel Learnt
0.25 km - Richfield Graduate Institute of Technology Of Technology Umhlanga Rocks
0.28 km - Kib College
0.37 km - Little Einsteins Umhlanga Ridge
0.47 km - Kip Mcgrath Education Centre Umhlanga
1.14 km - Gateway Montessori And Learning Centre
1.19 km - Just Juniors
1.27 km - Umhlanga Primary School
1.35 km - Umhlanga Pre-Primary
1.98 km - Atholton Primary School
2.19 km - Crawford College - la Lucia
2.89 km - Phoenix Technical Secondary School
2.98 km - Siphosethu Primary School
3.13 km - Greenbury Secondary School
Average sold property price in New Town Centre
Freehold
Sectional Scheme
Vacant Land
Freehold
R6,720,924
100.0%
Average price
2
100.0%
Transfers
Sectional Title
R1,918,114
25.0%
Average price
265
25.0%
Transfers
Estate
0
0%
Average price
0
0%
Transfers
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Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
