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Pennington, Pennington, Pennington, KwaZulu-Natal
R 5 500 000
This expansive 7-bedroom family home in Pennington, KwaZulu-Natal, presents an exceptional opportunity for a large family or those seeking a lucrative holiday rental investment. Just a short stroll from the popular Salmon Drive beach, the property offers a versatile layout. The downstairs section features four bedrooms, two bathrooms, and an open-plan lounge and dining area with a built-in bar, making it ideal for self-contained holiday letting, with a potential income of R4000 per day during peak season. Upstairs there are 3 bedrooms and 2 bathrooms the main ensuite has an additional room ideal to be used as an office or small kids room. Upstairs has a more modern aesthetic, as this portion of the house was added at a later stage and is used exclusively by the owner. The open plan living area upstairs leads onto two different patios both with super sea views. On the lower level there is a built in braai and swimming pool with a level garden out front. Beyond the home, Pennington is a nature lover's paradise, boasting excellent fishing and surfing opportunities, picturesque forest walks in the nearby Umdoni Forest, and a choice of world-class golf courses including Umdoni Park, Selborne, and Penvalley. The main beach in Pennington holds prestigious Blue Flag status, ensuring pristine conditions and top-notch facilities, complemented by a selection of great local restaurants for a complete coastal living experience. Pennington is located within an hours drive of King Shaka International airport and there are good shopping centres and Hospitals which a 30-40 minute drive both north and south over and above the Scottburgh Mall. Located in Pennington is a pharmacy, OK Foods and Liquor Store and lots more. The owner is selling the house fully furnished including all appliances, minus a few personal items and artworks. Be sure to contact me to view this gem of a home.
Estimated monthly repayment
R 51 938
on a R 4 950 000 bond over 20 years at 11.25%
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Pennington, Pennington, Pennington, KwaZulu-Natal
Listed by
Nkosi Ntuli
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