The asking price excludes VAT at 15% but no Transfer Duty will apply
Located in the heart of the village is this unique investment opportunity consisting of two buildings, the one offering self-catered accommodation in seven beautifully decorated rooms and other with seven apartments 3 of which are two bedroom/two bathroom and 4 are one bedroom/one bathroom.
The self-catered rooms offer well-equipped kitchenettes with microwave, induction stove plate, fridge, crockery, cutlery and glassware. All rooms have a dining and seating area with a flat screen TV. All furnishings and fittings in the self-catered rooms are included in the asking price.
With an ROI of approximately 9,3%, it gives the purchaser a great opportunity to invest in this exclusive destination.
Franschhoek property and real estate has shown strong growth over the last few years. The scenic beauty of the area, the country lifestyle and its proximity to Cape Town all add up to its being a very desirable location for property and real estate investors. Franschhoek is situated in the heart of the Cape Winelands, a pleasant 45 minute drive outside Cape Town. The French Huguenots, who planted the first vines in...
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