eThekwini Municipality.
Avoca Developments.
Construction will commence following sales.
Handover is expected following a 2-year build timeline once the project is greenlit.
Radisson Serviced Apartments Umhlanga will be a managed solution for short and extended stays. A professional team will manage hassle-free rental returns for owners.
As a unit owner, you’ll enjoy preferential rates and exclusive savings at all Radisson Hotel Group properties, receiving member only rates, discount booster, free breakfast, exclusive VIP areas and 15% discount of restaurant and bar services.
Yes, there will be a laundry service offering as part of the services provided by Radisson Serviced Apartments Umhlanga. Rates will apply.
Your investment will be managed by Soho Asset Management, part of the Avoca Group.
Yes, there will be a generator for the hotel.
Yes, high-speed fibre connectivity will be installed in all serviced apartment and throughout the development. Seamless connectivity is part of every Radisson experience.
The development enjoys the triple-tiered security of the managed precinct. Regular vehicle patrols, maintenance and upkeep of roads, pavements, parks, and landscaping ensure it is a safe, secure and walkable area. The development itself will have 24-hour security presence with a manned guardhouse, reception, and CCTV monitoring. Each serviced apartment will have secure key card access. Visitors and guests will be monitored.
All amounts paid are held in the attorney’s trust account, pending transfer. An initial deposit (incl. VAT) is payable to secure the reservation of each serviced apartment. Upon signature of the contract of sale, any outstanding deposit amount must be secured within the allotted timeframe. Thereafter, the balance of the purchase price is to be secured either by way of a bond, granted from an approved financial institution within 30 days, or a guarantee issued from a registered South African commercial bank within 7 days of request by the conveyancer. Alternatively, the funds may be deposited into the conveyancer’s trust account, within 7 days from request, which shall be invested in an interest-bearing account, all interest accrued will be to your benefit. It is advisable that pre-approved finance is confirmed.
Yes. For further information on the act, kindly go to: www.acts.co.za
