Unique Hotel Setup Investment

OPENING BIDS TO BE ADJUSTED ONE DAY PRIOR TO AUCTION.

ONLINE AUCTION

Bidding Start Time: Wednesday 29 January 2025 @ 09:00

Bidding End Time: Thursday 30 January 2025 @ 14:30

Registration is essential by Monday 27 January 2025.

Pre-Auction Offers may be considered.  Auction Finance Available.

For more information, please contact the listing agent.

DESCRIPTION:

• This Hotel suites bachelor’s apartment offers all the whistles & bells of city living. Tenanted for 6 months - this apartment generate ±R18,000 per month income which covers your investment or if you are looking to occupy it yourself, you can enjoy Cape Town as a city with a colorful past, a fast-paced present and a promising future.
• This fully furnished apartment comes with own parking bay and offers on site restaurant, bar, gym and swimming pool facilities. 
• Make an offer today.

DETAILS:

• Sectional scheme name:  SS Fountain Suites
• Sectional scheme no:  618/2006
• Unit no:  30 (Flat 814)
• Unit size:  37m²
• Rates:  ±R472.46 per month
• Levies:  TBC

Web Ref:  730887

Transfer Duty Applicable

Payment Terms:

2.5% Deposit & 10% Auctioneers Fee (excl. VAT on fee), payable on the fall of the hammer by means of EFT only.  Balance payable on Transfer.

Sanjeev Boyjoonauth | 066 054 2211 | 021 425 8822 | [email protected]

CONTACT DETAILS:

Auctioneer: Claremart Group

Contact No: +27 21 425 8822

Email: [email protected]