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GALLERY

R700,000

Monthly Bond Repayment R7,465.01
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R2,987

Hotel Room for sale

INVESTMENT OPPORTUNITY .

One bedroom HOTEL SUITE in Umhlanga Ridge available for sale.

This property forms part of a rental pool for the hotel to let out. The owner shares in the profits after running costs have been deducted. Distribution of earnings are made quarterly and then 6 monthly in arrears.

Owner is responsible for the monthly Municipal rates. Levies are covered by the hotel.

NB: THE OWNER MAY NOT TAKE UP RESIDENCE IN THE UNIT. The owner may use the unit for 31 Days per annum at the discretion of hotel management.

Call me today to discuss further.

Features

1
1
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Reception Rooms
1
Furnished
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
65m²
Land Size
4,743m²

New Town Centre, Umhlanga

Introduction On the beautiful east coast of South Africa is Umhlanga, a thriving suburb of Durban that has stunning beaches, high-end housing and a lively community. This place is convenient for families as well as professionals who are employed or anyone who has retired, this coastal charm mixes with urban sophistication in Umhlanga. If you have ever thought about relocating, or you just like to visit, then...
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Disclaimer: While every effort will be made to ensure that the information contained within the Harcourts South Africa website is accurate and up to date, Harcourts South Africa makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

R Detail your income

Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS
 

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R
%

Monthly Payment

R 

7,465.01

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