1 Bedroom apartment for sale in Century City, Milnerton
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Web Ref: 1358001
Property Features
Interior Features
Exterior Features
Investment Opportunity - Hotel Suite at The Island Club Century City.
This hotel suite at The Island Club is ideally suited to an investor looking for a hands-off property investment. The hotel operates its own housekeeping, reception, and bookings department under a formal Room Revenue Agreement , meaning day-to-day management is entirely taken care of.
The suite is fully functional and equipped for guest stays, with the option of in-room dining or a seated buffet in the hotel's dining room. The complex offers residents and guests access to a gym, an indoor pool, and an outdoor pool.
Income Structure: In terms of the Room Revenue Agreement, owners receive 25% of the total room revenue generated through the hotel's rental pool, paid quarterly, after deduction of rates and levies. Full income figures and performance history will be discussed and shared on viewing day.
Owners Use: Owners also enjoy a guaranteed stay of up to 28 days per year, during which the unit is withdrawn from the rental pool for private use.
Contact me for more information and to arrange a viewing.
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Registered with the PPRA
Franchisee of Rawson Residential Franchises (Pty) Ltd | Registered with the PPRA
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