Ref 45092 – Property for Sale at Alpine Heath Resort
3 (1 en-suite) - Main Bedroom with queen size bed
2 Other bedrooms each with 2 single beds
3 bedrooms total, 6 sleeper
2 Full Bathrooms (One shared and one en-suite)
Main bathroom with shower and bath
En-suite bathroom with shower only
Net income (after all expenses deducted) averages between R 20 000 pa (income for financial year
2021 COVID year) to R 55 000 pa (income for financial year 2022) (Expenses considered: Rates,
Levies, Management, Replacement Reserve, Insurance, Running Expenses, Commissions)
Sectional title ownership
The AHA Group runs the complex and have a vested interest to fill the units to ensure income for unit owners.
There are various other large stakeholders including ‘Tourvest’, and ‘Dream Vacations’ who together own 42 units of the 100. Thus indicating a vested interest in ensuring that AHA Alpine Heath resort is a well known tourist destination to constantly provide income.
Owners can elect to keep certain times for own use and out of the rental pool. The income that would have been derived from the rental of the unit is then deducted from the owner account. If an owner elects to put all their time into the rental pool, then all the income that is derived by the complex is divided proportionately and equally amongst the unit owners.
Gym, conference centres, wedding venues, day centre and spa, children’s entertainment centre,
children’s playground, equestrian centre, adventure activities, hiking, mountain biking, sports
arena with big screen TV, Various restaurants including pizza bar, tennis courts, squash courts,
kiddies pool area, adult pool area, mini golf, cinema, pubs, curio and grocery shop.