APARTMENT FOR SALE IN BRAAMFONTEIN IN SOUTH AFRICA

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 11TH FLOOR. Internal Agency Ref No:ZZ00005223 # Kitchen: 1 # Parking: 1 Has Pool Security Features: Security, Security Fence, Security Lights, Gated S Property Reference #: 3114946 Nearby Places/Vicinity: HOTEL LOCATION: - Situated between the main Johannesburg CBD, and the substantial commercial area of Braamfontein & Parktown. - 120 De Korte Street, Braamfontein, Johannesburg 2001 - Close proximity to the M1 Highway, giving quick access to the main Johannesburg International Airport, (approx. 25 minutes). - The M1 also gives easy access to the nodes of Rosebank & Sandton - Of all prominent Johannesburg hotels; the Protea Parktonian offers the easiest access to the new major tourist attractions: - Constitution Hill (2 minutes); - Newtown Cultural Precinct (5 minutes); - Soweto (15 minutes). - With the Gautrain that is complete, the hotel is the nearest major hotel to the Johannesburg central Gautrain Station Agent Details: Michelle Mareë Inyameko Properties 8 Stonehill, 28 Serissa Avenue, Roodekrans Sandton www.inyamekoproperties.co.za