Bedrooms
3
Type
Townhouse
Total area (acres)
0
Total area (sq ft)
2,400
Status
Completed
Min invesment years
1
Ownership
Fractional ownership
The Luxury Town House Residence is designed in Georgian colonial style with three bedrooms positioned on two levels. This two-story family home have high ceilings, light interiors, safe, air-conditioning, clean and contemporary furnishings with tiled floors.
This spacious home boast 2002 ft2 (186m2) of interior space includes a dining room, an open-plan living room with lounge, a widescreen LCD TV with cable TV and high speed internet. A fully equipped kitchen with large fridge/freezer, dishwasher, washer/dryer and a full inventory of crockery, cutlery and glassware. The large furnished verandas are perfect for al fresco dining and the outdoor area can either be a private garden or a deck with a plunge pool.
The Residence have been divided into 6 shares. Purchasers are able to buy one of the six shares under a company structure. Share value is US $ 200,000. The developers have created and incentive package for persons wanting purchase shares in these properties.
Share Option Incentive Package
No community charges for the five-year hold period mandated by the CIU.
No building or content insurance for the five-year hold period.
No property tax for the five-year holding period.
No company management costs for the five-year holding period.
No line charges for the five-year holding period (internet and telephone service).
Split of rental income in favor of the owner after 3rd party selling costs and sales tax.
5 days free stay in the unit they have invested in or comparable if theirs is occupied to be taken within the five-year holding period cost of utilities used during the stay to be paid by owner