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Duku, Duku, St Lucia, KwaZulu-Natal
R 2 145 750
I am pleased to present an exceptional investment opportunity in St. Lucia, KwaZulu-Natal. This well-established self-catering complex is perfectly positioned within walking distance of local amenities and serves as a premier destination for eco-tourism and holiday letting. The property features 12 fully furnished two-bedroom duplex units and one spacious three-bedroom apartment. Each unit is equipped with a private patio and built-in braai, with the majority featuring additional sunrooms and lock-up garages for each unit.. The complex is designed for operational efficiency and guest comfort, boasting several outstanding features: - Infrastructure & Security: A solar power system with an inverter, a borehole connection with three JoJo tanks, and a comprehensive CCTV security system. - Amenities: A communal pool and entertainment area, a dedicated fish cleaning station, and ample parking for vehicles, boats, and trailers. - Operations: A reception area with a laundry facility and separate two-bedroom staff quarters. This is a turnkey, income-producing asset with significant value-add potential. All plans have been approved to sectionalize the units, meaning only municipal registration is required to convert the property into a sectional scheme should you wish to sell or rent the units individually. St. Lucia is the gateway to the iSimangaliso Wetland Park, a UNESCO World Heritage Site, ensuring a steady stream of tourists drawn to the region's unique wildlife and coastal activities. This makes the property a highly strategic acquisition for any investment portfolio.
Estimated monthly repayment
R 20 263
on a R 1 931 175 bond over 20 years at 11.25%
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Duku, Duku, St Lucia, KwaZulu-Natal
Liivra AI market value
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Listed by
Emma Le Roux
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