1 Bedroom Apartment For Sale in Century City

This Spacious and luxurious Family Suite is well equipped for families enjoying a city break, with a separate comfortable living area and open-plan kitchenette suited for simple meal prep. Perfect for a relaxing getaway, this ultra-modern Family Suite has a sophisticated look and feel and offers beautiful views over vibrant Century City and Durbanville hills, Cape Town’s prime winegrowing area.

This air-conditioned suite has Wi-Fi and a flat-screen TV to keep everyone entertained after a day of exploring beautiful Cape Town. This Family Suite has one bedroom with two double beds and an elegant en-suite open plan bathroom with a bath and shower.

INVESTING AT COLOSSEUM LUXURY HOTEL
In a nutshell…..
• Your room is part of a rental pool and you are not permitted to take it out of the pool.
• You have the right to have usage of your room for 28 days each year or any RCi resort.
• If you utilize your room, you come out of the pool for those days.
• Owners receive 29% of the room revenue.
• The management company is responsible for all costs, which comes out of their 71%.
• Owners are responsible for their levies and rates, but the hotel pays them on behalf of the owners.
• 10% of the owner’s rental is held back in a kitty for refurbishment projects.
• Rental is distributed to owners every quarter.
• Owners receive a newsletter every quarter.
• The hotel has a few room types, namely deluxe rooms, executive rooms, family rooms, two and three bedroom suites and penthouses. (69 in
total)
• The hotel has a generator.
• The hotel has 50 under cover and 20 open parking bays.

Average return just over 5% nett after ALL costs, refurbishment projects; levies and rates etc.

And not to forget your 28days free holiday every year; valued at around R80 000!

CASH BUYERS ONLY... the banks do not final this rental pool investment model.