Enjoy the luxurious facilities including conference and office centres, swimming pool and secure undercover parking. Relax and gaze out over Gateway from the roof level pool, wander around upmarket shops surrounding the piazza,
Or meander along the boulevard.
LUXURY
Comprises four star, premier, fully furnished apartments
and lofts for investment on a rental pool basis.
All apartments and loft suites are fully furnished with
air conditioning and luxury finishes.
Managed by Protea Hotels, winners of the “Top
Hotel Brand Award.”
INVESTMENT
Take advantage of the anticipated 6% return on your
investment based on a 65% occupancy level. A further
benefit to investors is discounted rates for a maximum
of 30 days per annum. All investors will receive a free
Prokard membership for one year. This entitles them
to discounts throughout the country at any Protea Hotel.
RETAIL
This hotel complex will include restaurants and shops in
the piazza area with easy linked walkways along the inside
of the Palm Boulevard precinct.
LOCATION
The building is situated on the corner of the beautiful Palm
and Centenary Boulevards, opposite the Wave House at
Gateway and the proposed new, beautifully landscaped
Chris Saunders park.
INVESTMENT OPPORTUNITY
· A rental pool investment opportunity
· Projected return of 6% per annum based on a 65% occupancy
· Prime position with excellent capital growth
· Fully furnished apartments and lofts
· R20,000 & 20% deposit secures
· No transfer duties
Currently under construction, the Protea Hotel Umhlanga
Ridge and rental pool loft apartments will host one of
Durban’s finest hotels. Here is your opportunity to buy a
Magnificent sectional title apartment or loft. Managed
by Protea Hotels. Situated in the heart of Umhlanga Ridge, The Palms is planned to open in the 1st quarter of 2008.
PROTEA HOTELS
Africas largest and leading hotel group, Protea Hotels, now displays its special brand of hospitality in over ten African and Indian Ocean Island countries, as well as London!
Each Protea Hotels is uniquely different in character and our collection ranges from small country Hotels in the Eastern and Northern Cape, sea- and lakeside resorts along the Garden Route, Durban and Cape coasts, to mountain retreats in the Free State, bustling city centre Hotels in Cape Town and Johannesburg and our prestigious portfolio of Hotels and Game and Safari Lodges in Mpumalanga.
So you want some peace of mind. This investment offers you a guaranteed 6% return on your investment (excl VAT) for 2 years. |
