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R595,000

Monthly Bond Repayment R6,141.52
Calculated over 20 years at 11% with no deposit. Change Assumptions

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NEWLY DEVELOPED LUXURY HOTEL SUITE FOR SALE - Rare Opportunity

This is a newly renovated hotel in the heart of George with world class finishes.

Potential resale value of R1,000,000+ in the coming years. Cash buyers only for this limited-time discounted sale.

An exceptional investment opportunity in George, South Africa’s fastest-growing and best-managed city. Known for its clean environment and top infrastructure, George offers excellent lifestyle and investment potential.

Enjoy 28 days of luxury accommodation per year in your fully furnished, sectional-title suite. You own the suite for life and can sell it at any time.

No monthly or annual costs for owners. The hotel pays all levies, rates, taxes, electricity, utilities, maintenance and upgrade costs

The suite includes:

Two double beds
En-suite bathroom
Minibar & coffee station
Study desk
Satellite TV

Owners enjoy full access to all hotel facilities. The Marriott Hotel Group professionally manages and maintains the suites under a management agreement with the Body Corporate, ensuring a hassle-free investment. Owners do not pay levies, rates,utility costs for owners.

Located in the prestigious King George Hotel by Marriott, just 10 km from George Airport, this prime location sits in the heart of the Garden Route, a popular tourist destination.

With some of South Africa’s best golf courses nearby, this is a rare lifestyle and investment opportunity.

The images shown are for marketing purposes only and may not depict the exact room for sale.

Features

1
1
Interior
Bedrooms
1
Bathrooms
1
Reception Rooms
2
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
36m²
 
  • 1
 

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Disclaimer: While every effort will be made to ensure that the information contained within the IMAGINE Properties website is accurate and up to date, IMAGINE Properties 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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

6,141.52

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