A UNIQUE HOLIDAY INVESTMENT AT MABULA

MAB051 |  Classic Mabula living

  • An 8 sleeper House
  •  2 double bedrooms downstairs (en suite bathrooms)
  • A loft room with 4 beds (a bathroom downstairs)
  • The house is fully furnished, and is equipped with Linen, crockery and cutlery
  • Each Member is allocated a Personal cupboard for storage
  • The house is Serviced once week, on “changeover day” which is Thursday. There is a dishwasher, washing machine and tumble dryer in the house.

 

PRICE: R250 000 for 12.5% share

ADDITIONAL INFORMATION

  • The Property is registered in a Close Corporation 
  • There 8 Members in the cc, each owning 12.5%
  • The building is approximately 25 years old
  • The business of the “cc” is governed by an “Association Agreement” and a “Set of Management Rules”, signed and accepted by each Member. Any Purchaser would be required to sign for acceptance of these documents
  • The house has two game drive vehicles
  • An old Land Rover called Figtree 2 used as a spare vehicle
  • A 2005 Nissan, 2.4 (4x4) hardbody bakkie, converted into a game drive vehicle, both are fully paid for
  • The roof of the house is to be replaced in October, with Harvey Thatch Tiles on top of the thatch. The cost of this has been provided for.
  •  Each Member is allocated 6 weeks per year, in terms of the Association Agreement incorporating the Management Rules
  • The monthly levy is currently R2,200 per month, and this is likely to increase at the Annual Meeting, which will be held at the beginning of the New Year
  • The Purchaser will be required to meet with at least two of the Members before the Sale can finally be concluded

Fill in the form below to arrange a showing or if you need more information