Apartment / Flat 2895-ref-112 for Sale in Century City, …, Century City, Milnerton

AgencyRef: 2895-ref-112 Exuding luxury and sophistication â hotel room / living opportunity for the discerning businessman / savvy investor or those looking to enjoy a city break. Lounge area and open plan /kitchen with a separate bedroom and stylish bathroom. Airconditioning, Wifi and flat screen TV are part of the package. Ideal for visiting Cape Town and utilising 28 days of the year and lucrative income for the remainder. Operating as part of a well-run managed rental pool. Owners receive 29% of the room revenue. Management company is responsible for all costs, which comes out of the 71 %. Owners responsible for levies and rates. 10% of the ownerâs rental is held back in a kitty for refurbishment projects. Rental distributed to owners every quarter. The Colosseum Hotel in Century City, Cape Town, is a stylish, four-star hotel known for its luxurious suites, excellent service, and convenient location. It is situated an easy 20-minute drive from Cape Town International Airport via the N1, a mere 15-minute drive to Cape Town's CBD and V&A Waterfront and a short stroll to both the world-class Canal Walk Shopping Centre and the equally impressive Century City Conference Centre. It's a popular choice for both business and leisure travellers seeking a comfortable and well-equipped stay. Agency reference number: 2895-112