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R 3 000 000 | business property for sale in northcliff

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Property Description

Before responding to this listing, please read all the following information carefully. LOOKING FOR A SOUND INVESTMENT? A limited number of Shares will become available in this stunning property from 1 March 2020. Purchasing shares entitle you to receive a monthly rental income plus compound interest in your share value (read below "How this investment works & what is in it for you" for exact % amounts). Shares cannot be exchanged for room stay. PROPERTY DETAILS: * There is a long-term (boutique hotel) tenant in place. * This is a fully managed property. * There are no levies, rates or other hidden expenses for you to pay. * The property is owned by The Northcliff Four Property Group. * There are presently 4 primary shares holders. * There are 17 new shares available due to recent expansion of the property. HOW THIS INVESTMENT WORKS & WHAT IS IN IT FOR YOU * Invest for 3 to 5 years (negotiable) * Mimimim investment is R250 000 for a single share * Rating: Low Risk / Medium Return * Legal share certificates issued * Collect a monthly rental income of 1% (equivalent to 12% p/a) * Additionally earn 2% compound interest on your initial investment annually. Shares cannot sold on privately, but can be sold back to the Northcliff Four Property Group. * Shares in the Northcliff Four Property Group, can be purchased only via Urban Link (Business & Property Brokers) For further details, or to view this property, please contact Wern or Jane * Whilst every care has been taken in the preparation of this investment information, neither the seller nor the agents can be held liable in any way for any error and or omissions.


Property Details

Purchase Price R 3 000 000

Type of PropertyBusiness

Last Updated25 Feb 2020

Rooms

Bedrooms6

Bathrooms10

Reception Rooms

Lounges2

Dining Room2

External Features

Swimming PoolYes

Carports12

Property Location

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