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40 Bedroom apartment in Humewood For Sale
R 21,000,000
Can I afford this?
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General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):700
Video
Description
SOLD FULLY FURNISHED
Investors dream!!!!
Langerry Holiday Apartments is situated on the Port Elizabeth beachfront, offering comfortable self-catering apartments within walking distance of all the main attractions the area has to offer. This accommodation is ideal for business or leisure travellers and can accommodate 85 guests.
The tastefully renovated interior feels inviting and upmarket from the point of the welcoming staff at the spacious reception area. It has a reception desk, back office and boardroom.
The building is fitted with CCTV cameras surrounding the exterior of the building.
All 5 floors has upmarket flooring.
White aluminium windows has been fitted throughout the building.
The rooms has both access cards and keys.
The block consists of the following:
6 x bachelor apartments
4 x 3 sleeper apartments
Large 11 x 2 bed apartments.
All fitted with new kitchens and bathrooms with lounge area.
All the units has been fully equipped for self catering.
9 of the 2 bedroom apartments are sea facing with their own balcony.
The building has its own laundry with own access to the drying area on the 5th floor.
On the 5th floor the exit leads to the roof top surrounded by glass paneling and a space to create a beautiful setting looking towards the pool. For private functions or to enjoy the uninterrupted views of Humewood and the beachfront towards the Peer.
The block is managed by excellent staff and the on site manager ensures that this is an establishment that built its name on service and value for money,
Loyal guests include the Iron man contestants and staff, Tour Groups, International students from January to May, national and international artists, various of sporting event competitors and holiday goers.
Financials can be produced on request for serious buyers only.
Rates And Taxes: 16022
Property Reference #: ENT0262331
Agent Details:
Dexter Kannemeyer
KW Explore PE
279 Cape Rd, Metropolitan Office Park, Block B, 1st Floor, Newton Park, Port Elizabeth, Eastern Ca
Investors dream!!!!
Langerry Holiday Apartments is situated on the Port Elizabeth beachfront, offering comfortable self-catering apartments within walking distance of all the main attractions the area has to offer. This accommodation is ideal for business or leisure travellers and can accommodate 85 guests.
The tastefully renovated interior feels inviting and upmarket from the point of the welcoming staff at the spacious reception area. It has a reception desk, back office and boardroom.
The building is fitted with CCTV cameras surrounding the exterior of the building.
All 5 floors has upmarket flooring.
White aluminium windows has been fitted throughout the building.
The rooms has both access cards and keys.
The block consists of the following:
6 x bachelor apartments
4 x 3 sleeper apartments
Large 11 x 2 bed apartments.
All fitted with new kitchens and bathrooms with lounge area.
All the units has been fully equipped for self catering.
9 of the 2 bedroom apartments are sea facing with their own balcony.
The building has its own laundry with own access to the drying area on the 5th floor.
On the 5th floor the exit leads to the roof top surrounded by glass paneling and a space to create a beautiful setting looking towards the pool. For private functions or to enjoy the uninterrupted views of Humewood and the beachfront towards the Peer.
The block is managed by excellent staff and the on site manager ensures that this is an establishment that built its name on service and value for money,
Loyal guests include the Iron man contestants and staff, Tour Groups, International students from January to May, national and international artists, various of sporting event competitors and holiday goers.
Financials can be produced on request for serious buyers only.
Rates And Taxes: 16022
Property Reference #: ENT0262331
Agent Details:
Dexter Kannemeyer
KW Explore PE
279 Cape Rd, Metropolitan Office Park, Block B, 1st Floor, Newton Park, Port Elizabeth, Eastern Ca
Id Subtitle 1277635578
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No. of years
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Estimated monthly repaymentR 227,579
Total property loan amountR 21,000,000
Total interestR 33,618,836
Total repaymentR 54,618,836
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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KW Explore PE
Selling for 1 year
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