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Beachfront Hotel, South Beach, Durban

FAMOUS 3 STAR BEACHFRONT HOTEL - DURBAN - 114 ROOMS - HIGH OCCUPANCY - NOTARIAL TRIPLE NET LEASE - 20YRS

- Prime beachfront Hotel
- 11 x Storeys
- 114 x en-suite rooms (13 x Self-catering)
- Reception Area
- 2 x Conference Rooms
- Guest Bathrooms
- Admin & Managers offices
- 2 x Restaurants
- Cocktail Bar
- Air-conditioning
- 32 x Basement Parkings
- 5 x Retails Shops (Fully Let) - Pre-paid Electricity Meters
- Lettable Basement area - approx. 50m2

HOTEL ROOM BREAKDOWN

60 x 2 Sleeper Units
7 x 3 Sleeper Units
3 x 4 Sleeper (Self Catering Units)
28 x 4 Sleeper Units
5 x 5 Sleeper Units
10 x 6 Sleeper (Self Catering Units)
1 x 8 Sleeper Unit

- All rooms include coffee/ tea making facilities
- Satellite TV

The Beach Hotel is located on the City's beachfront promenade, within walking distance to Durban's city centre. The hotel is close to the city's main tourist attractions, business district, shopping centres, restaurants and environment venues which make it the perfect choice for both business and leisure travellers.

The nearest airport to the hotel is King Shaka International Airport, which is located 28km away.

Features

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0
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
13,800m²
Land Size
1,254m²
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Reliance Auctions website is accurate and up to date, Reliance Auctions makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

1,631,490.56

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