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Investment apartment in popular Protea by Marriott Hotel
R 950,000
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1 year ago2426 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):2
Bathrooms (#):2
Size (sqm):55
Parking:Covered
Description
Featuring two bedrooms, two bathrooms, an open-plan lounge, and a kitchen, this fully furnished apartment* is managed and operated by the Protea by Marriott Hotel, as part of their hotel room offering.
The apartment is ideal to purchase as an investment property. Owners are allowed a period of 28 days of annual occupation at a reduced rate, making it an ideal income generator for a working professional, young couple, or a family who want to spend some time in Cape Town now and again, while earning a lucrative income in the long term. Accommodation can also be booked at a reduced rate during popular holiday periods with advanced booking.
The apartment enjoys a bouquet of Protea by Marriott Hotel amenities, including 24-hour-manned boom access, safe parking, electric fencing, daily servicing, a pool area, and the 95-seater on-site Buonvino restaurant. All of this in a safe, popular area close to the Durbanville Wine Route, Cape Town, and the Boland.
E & OE - Errors & Omissions Excepted
*Images depict a typical unit, please contact PC Benade to schedule a viewing.
Has Pool
Property Reference #: RL11036
Agent Details:
Coenrad Willemse
Louw and Coetzee Properties (PTY) Ltd
35 Main Road, Durbanville
The apartment is ideal to purchase as an investment property. Owners are allowed a period of 28 days of annual occupation at a reduced rate, making it an ideal income generator for a working professional, young couple, or a family who want to spend some time in Cape Town now and again, while earning a lucrative income in the long term. Accommodation can also be booked at a reduced rate during popular holiday periods with advanced booking.
The apartment enjoys a bouquet of Protea by Marriott Hotel amenities, including 24-hour-manned boom access, safe parking, electric fencing, daily servicing, a pool area, and the 95-seater on-site Buonvino restaurant. All of this in a safe, popular area close to the Durbanville Wine Route, Cape Town, and the Boland.
E & OE - Errors & Omissions Excepted
*Images depict a typical unit, please contact PC Benade to schedule a viewing.
Has Pool
Property Reference #: RL11036
Agent Details:
Coenrad Willemse
Louw and Coetzee Properties (PTY) Ltd
35 Main Road, Durbanville
Id Subtitle 1157805315
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Estimated monthly repaymentR 10,296
Total property loan amountR 950,000
Total interestR 1,520,853
Total repaymentR 2,470,853
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Louw and Coetzee Properties (PTY) Ltd
Selling for 5+ years
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