Stunning 1 bedroom, 1 bathroom(mes) fully furnished apartment in the sought after Marriot Protea North Wharf Hotel in Foreshore. Fully air-conditioned, top quality furnishings, built in dishwasher, refrigerator and freezer, washing/drying machine, oven and hob, microwave and 2 TV's. This is an investment in an apartment which forms part of the North Wharf Hotel rental pool. Roof top pool and gym. The hotel will completely manage a hotel letting business for you which includes bookings, 100% maintenance, management, full hotel service to your guests. 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 unit can be purchased by giving 9 months notice and then Vat on the purchase price will be added.
Protea Hotels are part of the renowned Marriott International Hotel Group and North Wharf owners can use their 30 days per year with the Marriott Rewards Program worldwide. It is located two minutes from the CTICC, V&A Waterfront, CBD, Table Mountain, Lions Head and the N1, N2 and M3 highways.
City and Atlantic Real Estate cc Trading as RE/MAX Living, an independently owned and operated franchise of RE/MAX SA. Registered with the PPRA.
