UNDER OFFER
View gallery
1 Bedroom Apartment, for sale in Cape Town City Centre
Cape Town City CentreR1,970,000
Property Size: 86m2
Bedrooms: 1
Bathrooms: 1
No transfer duty
8% net yield
Request Viewing
Or call:
076 252 7254
082 337 0962
Sole mandate with video and floor plan. No transfer duty payable. 8% net yield.
One of the easiest property investments. Buy the property and get paid, the hotel looks after everything else.
Investment apartment which is part of a hotel rental pool. Total NET yield currently stands at 8% NET yield based on the asking price. Rates and levies paid by the hotel. Yield based on the last 12 months of trading.
The owner is allowed 28 days per year at the hotel on a heavily discounted rate but not during peak times or limited availability.
Key Facts
1
Bedroom
1
Bathroom
86
Square Meters
8% plus
Yield
Annual estimated gross