Hotel Room for sale

  • R700,000
New Town Centre, Umhlanga, KwaZulu Natal
For Sale
Hotel Room for sale
New Town Centre, Umhlanga, KwaZulu Natal
  • R700,000

Overview

Property ID: HZRL31378
  • 1.0
  • Bedroom
  • 1.0
  • Bathroom

Description

INVESTMENT OPPORTUNITY .

One bedroom HOTEL SUITE in Umhlanga Ridge available for sale.

This property forms part of a rental pool for the hotel to let out. The owner shares in the profits after running costs have been deducted. Distribution of earnings are made quarterly and then 6 monthly in arrears.

Owner is responsible for the monthly Municipal rates. Levies are covered by the hotel.

NB: THE OWNER MAY NOT TAKE UP RESIDENCE IN THE UNIT. The owner may use the unit for 31 Days per annum at the discretion of hotel management.

Call me today to discuss further.

  • Address New Town Centre
  • City 210 SS ROYAL PALM, 8 Palm Boulevard
  • State/county KwaZulu Natal
  • Area New Town Centre

Details

Updated on May 8, 2025 at 11:20 am
  • Property ID: HZRL31378
  • Price: R700,000
  • Land Area: 4743.00
  • Bedroom: 1.0
  • Bathroom: 1.0
  • Property Status: For Sale

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Contact Information

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Lisa Richardson

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  • Lisa Richardson