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Western Cape |
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Cape Town |
| Suburb |
Cape Town Central |
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Search Results for Cape Town Central, Cape Town, Western Cape, South Africa |
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Showing Properties 1 to 2 of 2
(Click on image for details of this listing)
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| Your Reference: |
4487 |
| ZAR: |
2,295,000 |
| Property Type: |
Development |
| Cape Town: |
Cape Town Central |
CAPE ROYALE HOTEL DEVELOPMENT -
Cape Royale hotel apartments for sale Cape Town
FROM: R2,295mil
Set against the iconic backdrop of the majestic Table Mountain, the Cape Royale is a landmark building in the city. Our hotel is the premier destination for the discerning traveller, offering the highest standard of personalised services and chic, stylish décor. The distinctive old-world façade is elegantly infused with modern, spacious interiors, making this one of the world’s most luxurious contemporary hotels.
WELCOME TO CAPE TOWN’S PREMIER ADDRESS!
The Cape Royale Luxury Hotel and Residence was created by a team of passionate individuals with bold vision and imaginative flair, inspired by grand European architecture encompassing a profound Parisian influence. It is one of the finest buildings of this generation which has a pioneering standard for the new millennium.
Situated in Green Point along a tree-lined boulevard with great views of Table Mountain and the Atlantic Ocean whilst at the same time having Cape Town’s V&A Waterfront Harbour and Green Point’s beautiful landscaped park and Stadium as it’s garden and a local village.
We have just released a fine selection of Sectional Title apartments for sale: eg.
1 bedroom @ R2,295 000-00
2 bedroom @ R5,900 000-00
3 bedroom @ R7,600 000-00
*I have attached a detailed pricelist for your scrutiny.
Owners have the opportunity of placing their apartments in our ‘Rental Pool’. The managing company’s projections are 14% for this year whist next year’s returns are expected to be 11%. If you are a conservative investor, excellent rental returns from the hotel pool. Please feel free to contact me, should you wish to investigate this choice any further.
The Cape Royale Luxury Hotel and Residence has just been acknowledged as partners of the prestigious “Preferred Hotels Group”, so I invite you to pop by some time I will delighted to give you a grand tour of our establishment.
Recession defying Property!
INVESTMENT BREAK DOWN
Consists of :
# A 1, 2 or 3 bedroom apartment where the contract is a Sectional Title Ownership.
# A furniture pack
# An optional Rental Pool operated by experienced hotel operators
Payment terms :
# 20% deposit (*or a 10% deposit is also acceptable depending on the investors credibility)
# Balance of purchase price payable on transfer
Important :
# An Investor also purchases a standard furniture package priced from R282 918 for a 1 bedroom unit,
R384 000 for a 2 bedroom and R473 000 for a 3 bedroom apartment,” only if the apartment is to be placed Into rental pool”.
Projected revenue:
# 14% for 2010
# Thereafter 11% average p.a.
# An Investor may occupy their apartment for 49 days each year, free of rental.
OR…
# Investor may opt for a 10% guaranteed income p.a. for 3 years on selected units.
# Investor does not receive any free stay however a 50% discounted rate can be negotiated.
# Alternatively we could negotiate free stays and enter it into the contract.
After transfer:
# An investor receives a VAT refund from SARS.
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(Click on image for details of this listing)
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| Your Reference: |
5135 |
| ZAR: |
6,000,000 |
| Property Type: |
Guesthouse/B&B |
| Cape Town: |
Cape Town Central |
84 ROOM HOTEL -
2 Star rating with 84 rooms. All the rooms inside was revamped 6 months ago. The building does not belong to the hotel but is has a seven year lease period left on the original 10 year lease.
The value that we have put on the lease agreement that you are buying is R6 million plus VAT. This Hotel is just an extra and does not have to be included.
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