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1 Bedroom Apartment / Flat For Sale in Bantry Bay

R995 000

Bedroom icon 1 1 35m2
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1 Bedroom Apartment / Flat For Sale in Bantry Bay

Investor's Opportunity to own a piece of The President Hotel !

Bedroom icon 1 1 35m2

1 Bedroom Apartment / Flat For Sale in Bantry Bay

Investor's Opportunity to own a piece of The President Hotel !

R995 000

Monthly Bond Payment: R

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Bond calculator

  • ZAR
  • BWP
  • EUR
  • GBP
  • NAD
  • NZD
  • AUD
  • USD
  • ZWL
  • ZMW
  • MUR
1 Bedroom icon 1

Features

  • Pool
  • Gym
  • Laundry
  • Access Gate
  • Scenic View
  • Sea View
  • Kitchen

Description

Amazing opportunity to own a Open Plan Studio 1 bedroom, 1
bathroom, Kitchenette fully furnished, equipped apartment, overlooking the
swimming pool, in the sought after President Hotel Rental Pool. The President
Hotel is a luxury hotel seated on the Atlantic Seaboard and is one of the most
sought after hotels and holiday destinations in Cape Town. Access to the
property is gained via a security gate and has 24/7 security patrols throughout
the day. 

  

The hotel has a beautiful communal pool, entertainment area,
gym and restaurants. An owner can use the apartment for 30 days a year (in any
time denomination you choose) with no accommodation costs except daily cleaning
and service fees. For the balance of the time which is not occupied by the
owner one can share in the net profit
income of the hotel rental pool according to the size of the unit (net of rates
and levies). No Transfer Duty payable (zero rated by SARS) which makes this a
five star managed property investment. The apartment cannot be lived in
permanently nor taken out of the hotel rental pool or rented out privately.
Daily off street parking fees will apply. 

  

Outdoor Pool 

Kids Play Area 

Wifi 

Laundry Service 

Room Service 

Fitness Centre 

Hair Salon & Spa  

Monthly Costs

Calculated over 20 years at % with no deposit.

Bond Payments R
Mun. Rates & Taxes ZAR 254
Monthly Levy ZAR 376

Property Details

Web Ref LMIL-1053
Property Type Apartment / Flat
Building Size 35m2
Bedrooms 1
Bathrooms 1

Contact Agent

Agent profile picture

Elana Lazarus

Intern Agent

RE/MAX Living (Milnerton)

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Book a viewing

Book a viewing

Enquiry about property Ref:LMIL-1053

R995 000

Monthly Bond Payment: R

currency bond calculator
  • ZAR
  • BWP
  • EUR
  • GBP
  • NAD
  • NZD
  • AUD
  • USD
  • ZWL
  • ZMW
  • MUR

Contact Agent

Agent profile picture

Elana Lazarus

Intern Agent

RE/MAX Living (Milnerton)

MessageCall me back
Book a viewing

Contact Elana Lazarus

Agent profile picture

Elana Lazarus

Intern Agent


RE/MAX Living (Milnerton)

Show number

Show number

Enquiry about property Ref:LMIL-1053