Apartment for sale in Braamfontein - 1 bedroom 13365244

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Apartment, Braamfontein, Johannesburg | Ref: 13365244

NEWLY REFURBISHED PROTEA HOTEL PARKTONIAN ALL SUITE

WHAT EACH SECTIONAL TITLE UNIT COMPRISES:

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
Personal Bar
Mini-safe
Radio
Central heating
2 Telephones
Hairdryer
Wireless connectivity
24 Hr Housekeeping
Room Service
Air conditioning
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.

Your private notes:
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Features

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  • 55.00
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  • Map of Area

Michelle Mareë

Apartment for sale in Braamfontein - 1 bedroom, Michelle Mareë
Office: ... Show Numbers
Cell: 076... 0764493700 Show Numbers
Email: ... Michelle Mareë Show Email
Fax: 0865393268
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Inyameko Properties

Office: 011... 011 053 8039 Show Numbers
Fax: 086 539 3268

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