Around 6.5% ROI YEARLY & Hotel Manages Everything! Amazing 1/4 quarter share opportunity to own in the Premier Fairways Hotel on the Mountain. Set at the base of Mt. Finlayson, your investment includes 1552 sqft; 1 bdrm/2 bath suite featuring a full kitchen, fireplace, PLUS adjoining 1 bdrm/1 bath with kitchenette lock-off. The building is on the Fairway of the 1st hole of one of two Jack Nicklaus designed golf courses. Just steps away from specialty shops, clubhouse, spa facilities, and restaurants. Sports enthusiasts enjoy the latest technology covered CLAY TENNIS COURTS, Mountain biking trails, Bear Mountain Activity Centre (gym & pool), and direct access to the very popular Mt. Finlayson for HIKING TRAILS. Only a 25 minute drive to Victoria’s downtown core. If the owner is not occupying it, the unit is rented as hotel rooms with revenue back to the owner (managed by hotel staff). Pictures are of similar unit in building. (id:4069)
Address
306-308B 1376 Lynburne Pl
List Price
$64,999
Property Type
Single Family
Type of Dwelling
Apartment
Transaction Type
Sale
Area
British Columbia
Sub-Area
Langford
Bedrooms
2
Bathrooms
3
Floor Area
1,552 Sq. Ft.
Lot Size
1552 Sq. Ft.
Year Built
2004
Maint. Fee
$203.72
MLS® Number
1046641
Listing Brokerage
RE/MAX Camosun
Postal Code
V9B6S1
Ownership
Timeshare/Fractional
Parking Places (Total)
1
Site Influences
View
Features
Southern exposure, Other, Golf course/parkland
Community Features
Pets Allowed With Restrictions, Family Oriented
Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Washer
Heat Source
Electric
Heat Type
Baseboard heaters
Cooling Features
Air Conditioned
Fireplace
Yes
Number of Fireplaces
1
Access To Property
Road access
