55sqm including 7sqm balcony
Living room: TV cable & leased TV (DSTV), sette, coffee table, corner table, armchair, lamps
x1 Bedroom: double bed or twin singles, bedside table, suitcase rack, cupboard, lamps, dressing table & stool
x1 Bathroom: bath, vanity & basin, W.C
Kitchenette: Top & high-level unit, desk & 2 chairs
24 Hr Housekeeping
Electronic key card locks
Ownership of the built-in-fittings, equipment & furniture in that suite
Ownership of 1/300th of the public rooms, restaurant, bar, conferencing areas, & back-up areas such as kitchen, storerooms & staff areas. This ownership comes as a result of all these areas being classified as "common areas" in terms of the Sectional Title Act, such that the revenues generated in these areas, & costs associated with these areas, & costs in generating such revenues, will be apportioned equally between the 300 suite owners.
Please bear in mind the following:
- R3500 per month is the net amount, there are no levies and rates payable in addition to above. Total per annum = R42,000 currently.
- After the audited accounts there is usually a distribution made to the unit holders. This occurs once per annum. Last 1 I recall was +/- R10,000 per unit, again a net figure.
- If you add the 2 amounts together total net rental earned per annum amounts to +/-R52,000
Any prospective buyers must understand the above calculation.
UNIT IS SOLD UNFURNISHED.
UNIT IS SITUATED ON THE 10TH FLOOR.