4 Bedroom House in Underberg

R 300 000

Paula Bullimore

Pam Golding Properties-Underberg

4 Bedroom House in Underberg

R 300 000

unit 57 castleburn
4 Beds
3 Baths
Floor Area 174 m²
Land Area 4620 m²
Levy R 13317

THE LOCHS : 4-WEEKS FRACTIONAL OWNERSHIP. Unit 57 at The Lochs is a luxurious 4 bedroom, 3 bathroom double-storey (174 m) holiday home situated at the edge of Lake Madingofani - with magnificent views and access to all Castleburn facilities.

An exciting innovation is the construction of a covered area (lapa) adjoining the unit which provides undercover seating for 8 guests at the very lake side.

Unit 57 is positioned on the extreme right of the Resort as one looks at the Lake. This will allow a sense of isolation and tranquility as no units can be built to the front, right or rear.

Unit 57 at The Lochs is sold on a fractional basis to prospective investors.

Investors would be buying a share block interest in Legacy Private Residences, which company will own the unit.

The price for this 4-week fractional ownership is R300 000.00.

Each year is divided into 12 modules of 4 weeks. In addition the developer has allocated 4 weeks a year for maintenance purposes. Every year (for 12 years) a different spread of 4 weeks is allocated to each fractional-ownership.

The 4 weeks will be divided into 1 Season-Time week (i.e. In-Season) and 3 General-Time weeks.

Exchange and Use options will include:

Internal Exchange within Castleburn or other Legacy Private Residencies

External Exchange automatic affiliation to Registry Collection

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Key Property Features

4
Bedrooms
3
Bathrooms

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Paula Bullimore

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Bullimore

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4 Bedroom House in Underberg

R 300 000

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