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Observation Hill, Observation Hill, Ladysmith, KwaZulu-Natal
R 2 790 000
You've worked hard...Now its time to spoil yourself and purchase a property that defines your success. A once in a Lifetime Oppurtunity to own one of the largest mansions in Ladysmith. Nestled in a private and peaceful cul-de-sac with no traffic noise, this expansive 2,019m² plot boasts nearly 500m² under roof, featuring a stunning 8 bedroom, 5 bathroom home that combines exceptional living space with incredible income potential... the choice is yours. Enjoy the tranquility of living next to a nature conservancy with wildlife views and the Drakensberg mountains as your backdrop. The property can be split into 3 homes, all with private entrances: 4 Bedroom Home : 4 Bedrooms, 3 bathrooms, kitchen with scullery, 2 lounges, one of which has an open plan dining area . 2-Bedroom Unit: Main en-suite, kitchen, private patio, open-plan lounge and dining room. 1-Bedroom Unit:Open-plan lounge/dining, kitchen, bathroom with shower and bidet, private balcony with views These units are currently successful short-term rentals with strong guest reviews and revenue that can easily cover the bond, making this an ideal live-and-earn setup. Enjoy the park-like garden in the backyard, perfect for relaxing or hosting family gatherings, and a sparkling pool for those warm Ladysmith days. Extras include: - Landscaped park-like garden - Pool & entertainment patio - 10 air conditioners - 3 Geysers - Electric gate & fencing. Storeroom with staff quarters - Wildlife right outside your door - Zoned high-density with lodge potential - 2200l Jojo Tank Contact us today for your private viewing of this rare property. - Pre approval/ Proof of Funds required before any viewing.
Estimated monthly repayment
R 26 347
on a R 2 511 000 bond over 20 years at 11.25%
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Observation Hill, Observation Hill, Ladysmith, KwaZulu-Natal
Listed by
Noluthando Mbeki
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