- 24
- 16
- 1 800 m2
- 10 922.0 m2
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Property description
Located in Amanzimtoti, this investment offers you income from existing leases and the potential for further development.
The site has a building area of about 1 800 sqm. The entire site is 10 922sqm.
This is comprised of:
* 17 rentable units
* 4 x 1 bedroom, 7 x 2 bedroom, 5 x studio flat, 1 x storeroom/bachelor. All with own utility meters.
* Another floor with a deck to be used as entertainment, offices or common area or to be converted to additional unit.
* A workshop
* Laundry area
* Pool with braai area
* Ample parking
* Garden areas
There is existing development potential for about 44 additional units.
Some development options include: a retirement complex, first time homeowners' development (good schools in the area), guest lodge with conference facilities.
Located on top of the hill with some sea views, close to the Amanzimtoti CBD and all amenities including plentiful shopping centres and the Kingsway Hospital, east of Southgate Industrial Park, with easy access to the N2.
Property Details
- 24 Bedrooms
- 16 Bathrooms
Property Features
- Pool
- Deck
- Laundry
- Storage
- Paving
- Garden
| Bedrooms | 24 |
| Bathrooms | 16 |
| Floor Area | 1 800 m2 |
| Erf Size | 10 922.0 m2 |
