NEW
Web Ref JRL44360
R1,200,000
466 SS THE ISLAND CLUB, 6E North Bank Lane, Century City, Milnerton
Monthly Bond Repayment R11,980.55
Calculated over 20 years at 10.5% with no deposit.
Change Assumptions
Calculate Affordability | Calculate Bond & Transfer Costs | Currency Converter
Monthly Levy
R1,164
R1,164
Monthly Rates
R700
R700
1 Bedroom Studio Apartment - The Island Club Hotel
✨ Investment Opportunity ✨
Investment & Lifestyle Opportunity Hotel Suite at The Island Club, Century City. Discover a unique chance to own a fully managed hotel suite in the prestigious Island Club, located in the heart of Century City. This suite offers hassle-free ownership, as it is professionally leased and managed by the reputable Singer Group.
Owners receive a share of the hotels revenue pool, with 25% of accommodation income paid quarterly net income for approximately R4,500/month, after rates and levies are covered by the tenant. This makes it a perfect lock-up-and-go investment with consistent returns.
Beyond the financial benefits, this suite provides exceptional lifestyle perks. Owners can enjoy 28 days of personal use per year at no cost, with full access to all Island Club amenities, including the indoor pool, gym, beautifully landscaped gardens, and secure surroundings. During owner-use periods, the suite is temporarily removed from the rental pool, giving you a private and comfortable retreat. Additionally, international exchange opportunities are available via RCI membership, allowing you to enjoy holidays abroad.
Century City itself adds incredible value to this property. The area is home to Canal Walk Shopping Centre with over 400 stores, restaurants, cafes, and entertainment options. Outdoor enthusiasts can enjoy scenic walking and cycling routes, while fitness fans have access to Virgin Active and other sports facilities. Convenient MyCiTi bus routes and easy highway access make commuting to Cape Town CBD or surrounding suburbs effortless. With its blend of residential, business, and leisure opportunities, Century City remains one of Cape Town's most desirable and resilient locations for property investment.
Investment & Lifestyle Opportunity Hotel Suite at The Island Club, Century City. Discover a unique chance to own a fully managed hotel suite in the prestigious Island Club, located in the heart of Century City. This suite offers hassle-free ownership, as it is professionally leased and managed by the reputable Singer Group.
Owners receive a share of the hotels revenue pool, with 25% of accommodation income paid quarterly net income for approximately R4,500/month, after rates and levies are covered by the tenant. This makes it a perfect lock-up-and-go investment with consistent returns.
Beyond the financial benefits, this suite provides exceptional lifestyle perks. Owners can enjoy 28 days of personal use per year at no cost, with full access to all Island Club amenities, including the indoor pool, gym, beautifully landscaped gardens, and secure surroundings. During owner-use periods, the suite is temporarily removed from the rental pool, giving you a private and comfortable retreat. Additionally, international exchange opportunities are available via RCI membership, allowing you to enjoy holidays abroad.
Century City itself adds incredible value to this property. The area is home to Canal Walk Shopping Centre with over 400 stores, restaurants, cafes, and entertainment options. Outdoor enthusiasts can enjoy scenic walking and cycling routes, while fitness fans have access to Virgin Active and other sports facilities. Convenient MyCiTi bus routes and easy highway access make commuting to Cape Town CBD or surrounding suburbs effortless. With its blend of residential, business, and leisure opportunities, Century City remains one of Cape Town's most desirable and resilient locations for property investment.
Features
Pets Allowed
No
Interior
Bedrooms
1
Bathrooms
1
Kitchen
0.5
Reception Rooms
0.5
Study
0.5
Furnished
Yes
Exterior
Security
Yes
Parkings
1
Pool
Yes
Sizes
Floor Size
40m²
Land Size
40m²
STREET MAP
STREET VIEW
