Fully furnished bachelor suite that you can personal use all year. Restrictive rental covenant has been removed but you can be in the rental program...
Great opportunity to own a 1/6th of a golf cottage Predator Ridge! 1 week every 6th is yours to enjoy. Fully furnished turn key property with a single car garage, storage and your own Electric Golf Cart! Beautiful east/south views overlooking Ridge #17 and Longspoon Pond. Generate revenue with the available rental program. Owner receives 55% of summer rentals and 60% of winter. 1/6th share of all operating costs including property taxes, strata fees, heat, light, insurance and Fitness Centre within the monthly Owner's Corporation fee of $448.11. Annual Operating Cost is $448.11 x 12 = $ 5,377.32. A huge benefit of owning a 3 bedroom cottage is not having to pay the 2022 summer public rate of $799 per night to vacation at Predator Ridge. Breakeven is only 6.73 nights ($5,377.32 / $799). Phase 2 golf membership for two included, valued at $50,000 ($2,083.33 transfer fee applies). Also, at the owner's option, this property can be involved with Interval International. You can enjoy an equal quality property anywhere in Interval's World. Having two world class golf courses to play is a golfer's dream come true! And only a short distance away, just up the hill, we couldn't have asked for a better neighbour with Sparkling Hill Wellness Hotel & their beautiful world class spa. Kalamalka & Okanagan Lakes are a short drive for untold hours of boating & swimming fun! Skiing at Silver Star is only 45 minutes away! FYI, week of July 14 to 21 will not available to the next owner. (id:2493)
Property Type:
Recreational
Size Interior:
1,485 sq. ft.137.961 m2
Transaction Type:
For sale
Ownership Type:
Freehold
Maintenance fees:
448.11
Maintenance fees term:
Monthly
Community:
Predator Ridge, Falcon Point Cottages
Pool Type:
Outdoor pool
View:
View
Building Type:
Recreational
Structures:
Patio(s), Deck, Clubhouse
Appliances Included:
Dryer - Electric, Refrigerator, Washer, Range - Electric, Dishwasher, Microwave
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