Entry level investment opportunity in the Pearl of Umhlanga made easy with this Ridge Facing Studio with A grade Tenant. The apartment is sold with a 3 year lease agreement with the Capital Pearls Hotel. The furniture package is at a further cost of R85 000 should you want to remain in the lease. Monthly income of R11071 and annual escalation. You pay for the unit and there after the rates and levies and the Capital takes care of the rest. No additional marketing fees, no additional booking fees, No additional cleaning and maintenance cost. No additional tourism membership cost or insurance. Make the call it is an hassle free investment.
Municipal Rates will change on final purchase price.
Reserve Fund once-off contribution of R40,000 is payable on purchasing.