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Umtentweni, Umtentweni, Port Shepstone, KwaZulu-Natal
R 1 350 000
PRIME INVESTMENT OPPORTUNITY WITH MULTIPLE DWELLINGS - FIXER UPPER Welcome to this spacious and versatile property situated in the sought-after area of Umtentweni, offering an excellent opportunity for investors, extended families or buyers looking for additional rental income. On arrival at the main residence, you are welcomed by an automated access gate opening onto a long driveway surrounded by a large, expansive garden. The property offers multiple structures, including two unfinished flatlets and an unfinished domestic servant's quarter, providing excellent potential for further development and additional income. Main House The main residence features a swimming pool and spacious open patio area, perfect for entertaining and enjoying the generous outdoor surroundings. Upon entering through the front door, you are welcomed into an office area, which flows into a spacious lounge. Downstairs, the home offers: - One bedroom - Two bathrooms - A spacious lounge - A kitchen with ample bic and work top surfaces - Separate laundry area - Additional storage space Upstairs, you will find: - Two bedrooms - One bathroom Additional Cottage The property also boasts a separate cottage, accessed through its own manual access gate. This leads to an open patio area, with a closed storage area situated to the left. Inside, the cottage offers an open-plan lounge and kitchen, creating a comfortable and practical living space. The cottage comprises four bedrooms and two bathrooms, with the main bedroom designed in an open-plan concept. The property as a whole offers an impressive combination of accommodation, including up to 10 rooms, four bathrooms, two kitchens and four lounges, together with the additional unfinished structures that offer further development potential. The cottage is currently tenanted and generates a rental income of R8,000 per month, making this an attractive income-producing investment from day one. The cottage is also fitted with a prepaid meter for your convinience. Ideally positioned close to shops, malls, schools and other essential amenities, this property offers space, versatility and excellent investment potential. A fantastic opportunity for an investor looking to expand rental income or a large family seeking a property with multiple living options. This is a property that truly needs to be seen to be appreciated. Don't miss out - contact me today to arrange your private viewing! BLUE CANYON PROPERTIES 71 CC trading as RE/MAX Coast and Country (Port Shepstone) operates in terms of a franchise agreement with RE/MAX of Southern Africa.
Estimated monthly repayment
R 12 748
on a R 1 215 000 bond over 20 years at 11.25%
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Umtentweni, Umtentweni, Port Shepstone, KwaZulu-Natal
Listed by
Nomvula Mokgatle
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