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Managed unit for personal use & amazing monthly returns
R 695,000
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5 months ago730 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):1
Bathrooms (#):1
Size (sqm):36
Parking:Covered
Description
Join the ranks of property tycoons the world over - own a room at the Protea Hotel by Marriott in Durbanville.
Your investment grants you ownership of a fully managed unit at the hotel, eliminating the need for tenant searches or handling Airbnb bookings, common concerns with other investment properties. As an owner, you can enjoy 28 days of personal use throughout the calendar year. During the remaining time, the hotel manages bookings, providing you with a monthly return through a rental pool agreement.
The unit is a fully furnished, single-level, 1-bedroom, 1-bathroom space with an open-plan lounge and kitchenette for your convenience.
Protea Hotel offers various amenities, including the Buonvino Restaurant, an outdoor pool terrace, bars, laundry, dry cleaning services, and complimentary Wi-Fi. Additionally, you can partake in wine cellar tours, tastings, and vineyard lunches, and utilise the hotel's free shuttle service to nearby attractions.
Situated amidst the scenic vineyards of the Durbanville Wine Route, the hotel is about a 20-minute drive from the V&A Waterfront, Cape Town International Airport, Convention Centre, Kirstenbosch Botanical Gardens, and other landmarks.
For more information or to arrange a viewing, please feel free to contact me.
Has Pool
Property Reference #: RL11709
Agent Details:
Coenrad Willemse
Louw and Coetzee Properties (PTY) Ltd
35 Main Road, Durbanville
Your investment grants you ownership of a fully managed unit at the hotel, eliminating the need for tenant searches or handling Airbnb bookings, common concerns with other investment properties. As an owner, you can enjoy 28 days of personal use throughout the calendar year. During the remaining time, the hotel manages bookings, providing you with a monthly return through a rental pool agreement.
The unit is a fully furnished, single-level, 1-bedroom, 1-bathroom space with an open-plan lounge and kitchenette for your convenience.
Protea Hotel offers various amenities, including the Buonvino Restaurant, an outdoor pool terrace, bars, laundry, dry cleaning services, and complimentary Wi-Fi. Additionally, you can partake in wine cellar tours, tastings, and vineyard lunches, and utilise the hotel's free shuttle service to nearby attractions.
Situated amidst the scenic vineyards of the Durbanville Wine Route, the hotel is about a 20-minute drive from the V&A Waterfront, Cape Town International Airport, Convention Centre, Kirstenbosch Botanical Gardens, and other landmarks.
For more information or to arrange a viewing, please feel free to contact me.
Has Pool
Property Reference #: RL11709
Agent Details:
Coenrad Willemse
Louw and Coetzee Properties (PTY) Ltd
35 Main Road, Durbanville
Id Subtitle 1247829611
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Estimated monthly repaymentR 7,532
Total property loan amountR 695,000
Total interestR 1,112,624
Total repaymentR 1,807,624
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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