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INVESTMENT OPPORTUNITY - RETIREMENT HOTEL EDEN CRESCENT
R 310,000
Can I afford this?
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3 months ago512 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):1
Bathrooms (#):1
Size (sqm):64
Parking:Covered
Description
This lovely retirement hotel Eden Crescent used to be the original Holiday Inn situated in North Beach, Durban and built in 1972 with all the same structures and fittings reminiscent of the old world charm, spent in the restaurants, social rooms, poolside and pub of the Holiday Inn.
This unit is well sized being 2 units converted into 1 which gives ample living space and can cater for wheelchair friendly access. The large open plan living and dining area is light and airy. The generous bedroom has a private en-suit bathroom (shower and toilet) and ample cupboard space to keep all your favorite belongings. There is also a separate kitchenette.
Monthly Levies (R7952.00) Include:
* Daily cleaning service
* Bed Linen
* Laundry Service
* 24 hr Security
* Weekly trip to shopping Mall
* electricity & water
Excluded
* 3 cooked meals daily with morning and afternoon tea (R3500.00)
* Wifi (Fibre) R190.00p/m - optional
* DSTV selected package R395.00 - optional
* Parking Bay R100.00 p/m
Added extras is a full range of entertainment and activities including bingo, darts, snooker, exercise classes, swimming and carpet bowls, quiz evenings and occasional entertainment.. Professional clinic with caregiver facilities, well stocked Library, lovely pool and outside area, and much much more. Unit can be bought to be rented out as an investment opportunity! Don't delay on seeing this retirement gem
Has Pool
Property Reference #: RL12271
Agent Details:
Nadine West
Prop247
Shop 9E Chartwell Centre
15 Chartwell Drive
Umhlanga Rocks
4320
Lighthouse Road
Uhmlanga
This unit is well sized being 2 units converted into 1 which gives ample living space and can cater for wheelchair friendly access. The large open plan living and dining area is light and airy. The generous bedroom has a private en-suit bathroom (shower and toilet) and ample cupboard space to keep all your favorite belongings. There is also a separate kitchenette.
Monthly Levies (R7952.00) Include:
* Daily cleaning service
* Bed Linen
* Laundry Service
* 24 hr Security
* Weekly trip to shopping Mall
* electricity & water
Excluded
* 3 cooked meals daily with morning and afternoon tea (R3500.00)
* Wifi (Fibre) R190.00p/m - optional
* DSTV selected package R395.00 - optional
* Parking Bay R100.00 p/m
Added extras is a full range of entertainment and activities including bingo, darts, snooker, exercise classes, swimming and carpet bowls, quiz evenings and occasional entertainment.. Professional clinic with caregiver facilities, well stocked Library, lovely pool and outside area, and much much more. Unit can be bought to be rented out as an investment opportunity! Don't delay on seeing this retirement gem
Has Pool
Property Reference #: RL12271
Agent Details:
Nadine West
Prop247
Shop 9E Chartwell Centre
15 Chartwell Drive
Umhlanga Rocks
4320
Lighthouse Road
Uhmlanga
Id Subtitle 1258410759
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Estimated monthly repaymentR 3,360
Total property loan amountR 310,000
Total interestR 496,279
Total repaymentR 806,279
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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Prop247
Selling for 3+ years
Total Ads1.03K
Active Ads1.03K
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