A fully furnished apartment in the five-star Pepper Club Hotel in central Cape Town is up for bidding in an online auction being conducted by PropertyCoZa.
Situated in the main hub of the central business district at 96 Loop Street, on the corner of Pepper Street, the Pepper Club Hotel is close to all amenities, including the popular V&A Waterfront.
The 50m² studio apartment - Unit 1112 on the 11th floor - has stunning views of Table Mountain and Lions Head, and includes a fully-equipped kitchen, an attractive bathroom with huge shower and bath, a separate guest cloakroom and a large balcony that overlooks the city, says auctioneer Mark Gadd.
“It has its own garage parking and the hotel offers parking space for visitors. Residents have 24-hour access to the pool, gym and sauna, and other facilities include 24-hour security and access to DSTV.”
The levies for the apartment are about R1600 a month and rates about R800 per month.
“The unit on offer is not part of the hotel’s rental pool, and provides an excellent opportunity for short- and long-term rental returns,” Gadd says.
A deposit of 5% and auctioneer’s commission of 10% plus VAT will be payable on acceptance of an offer. Certified Fica documents (ID and proof of residence) are required to register.
The auction will run until October 31, unless the apartment is sold before then, says Gadd.
The auction is being conducted on www.propertycoza.co.za
For more details, a copy of the auction terms and conditions, or to arrange a viewing, call Mark Gadd on 0214343490 or 0817705017, or email [email protected]