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1 Bedroom Apartment / Flat For Sale in Foreshore

R1 980 000

Bedroom icon 1 1 85m2
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1 Bedroom Apartment / Flat For Sale in Foreshore

1 bedroom Apartment in FORESHORE

Bedroom icon 1 1 85m2

1 Bedroom Apartment / Flat For Sale in Foreshore

1 bedroom Apartment in FORESHORE

R1 980 000

Monthly Bond Payment: R

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1 Bedroom icon 1

Features

  • Lounge 1

Description

STYLISH AND MODERN INTERNATIONAL SOPHISTICATION

Exceptional, spacious, 1 bedroom, 1 bathroom, fully furnished and equipped sectional title suite/apartment with a spacious open balcony in the sought after North Wharf Hotel in the Foreshore, perfect for the Global Nomad. It is fully air-conditioned with top quality furnishings, fully fitted kitchen with built-in integrated SMEG appliances: dishwasher, refrigerator and freezer, washing/drying machine, oven and hob, microwave and 2 TV's. This is an investment in a property which currently forms part of the North Wharf Hotel rental pool, which requires a waiting period of nine months and a payment of VAT on its value to remove it from the rental pool and be able to live in it permanently or long term let it yourself. Parking is available separately at a cost from the body corporate. If the apartment is purchased and left in the rental pool, no transfer duty or VAT is payable on the transaction, and owners share in the net profits of the hotel and receive monthly returns. The returns and profit share is dependent on occupancy levels and there is no guaranteed fixed monthly return. 

The Protea Hotel form part of the renowned Marriott International Hotel Group and North Wharf owners can use their 28 days per year with the Marriott Rewards Program worldwide by registering on their website. 

The hotel offers 24 hour room service, a gym, an internal restaurant, a stunning roof top pool and deck with spectacular views around Cape Town. It is located a mere two minute walk to the CTICC, V&A Waterfront, the CBD, Table Mountain and the N1, N2 and M3 highways. 

A definite property to add to your portfolio.

Monthly Costs

Calculated over 20 years at % with no deposit.

Bond Payments R
Mun. Rates & Taxes ZAR 803
Monthly Levy ZAR 3,862

Property Details

Web Ref RXAM-4608
Property Type Apartment / Flat
Building Size 85m2
Bedrooms 1
Bathrooms 1

Contact Agent

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Gerlinde Moser

Broker Owner

RE/MAX Living (Gardens)

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Agent profile picture

Ajimu Fukuchi

Intern Agent

RE/MAX Living (Gardens)

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Book a viewing

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Enquiry about property Ref:RXAM-4608

R1 980 000

Monthly Bond Payment: R

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

Contact Agent

Agent profile picture

Gerlinde Moser

Broker Owner

RE/MAX Living (Gardens)

Agent profile picture

Ajimu Fukuchi

Intern Agent

RE/MAX Living (Gardens)

MessageCall me back
Book a viewing

Contact Gerlinde Moser

Agent profile picture

Gerlinde Moser

Broker Owner


RE/MAX Living (Gardens)

Show number

Show number

Enquiry about property Ref:RXAM-4608