BRAAMFONTEIN: THE PARKTONIAN HOTEL (14TH FLOOR) 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 th 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: - R per month is the net amount, there are no levies and rates payable in addition to above. Total per annum = R 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 +/- R per unit, again a net figure. - If you add the 2 amounts together total net rental earned per annum amounts to +/-R Any prospective buyers must understand the above calculation.