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Blythedale, Blythedale, Blythedale, KwaZulu-Natal
R 13 000 000
The two adjoining lots 1 (Sectional Title), (4047 m2) & (Privately Owned) (5389 m2) have a combined beach frontage of 60 metres extending up from the Admiralty Reserve, over Umvoti Drive (cul de sac), and further inland a total distance of 190 metres (Lot 1) and 140 metres (Lot 2). These two properties for sale comprising 16 mimi villas. On the upper level of Lot 3 there are an additional 3 independent sectional title owners whose units are subject to separate negotiation. Lot 1 has a 99,000 litre swimming pool used for Lots 1 and 2. It’s borehole currently supplies all three lots. All 3 lots have WIFI as well as Municipal water connection. The remaining Lot 3 (5385 m2) on the northern side has a 71,60 metre wide frontage to Umvoti Drive from which it extends 66 metres inland. It comprises a house, garage, office, staff quarters, laundry building, and outbuildings. This lot has great potential with superb ocean views, large lawns, and garden area. The Zoning Certificate for both Lots 1 & 2 (per Department of Economic Dev. and Planning KwaDukuza is RESIDENTIAL ONLY HIGH DENSITTY 3 (ROHD 3). Statement of Intent reads: A zone that is intended to facilitate the development of multi-unit residential units for a wide range of residential accommodation at high density; together with a mix of activities to cater for a broader community need. Villas Descriptions The A villas have a separate bedroom with a double bed, an alcove which is open plan with the living/kitchenette area and full bathroom. (note that the bed configuration is provide only as an example and might vary from villas to villas) The B villas are compact units built in pairs. They contain one double bed plus a full-length double bunk (adjacent to one another) in the open plan living/sleeping area. A small bathroom contains a shower, toilet and handbasin. (note that the bed configuration is provide only as an example and might vary from villas to villas) The Duplex is the largest unit, privately sited 160m from the beach and overlooking the complex and the sea. The upstairs bedroom has three single beds; downstairs bedroom has one double bed and one single bed. One bathroom (bath + overhead shower, toilet, handbasin) is en-suite with the downstairs bedroom. There is a second toilet and hand basin off the living area. The dining area and kitchenette are open plan. Two separate stable doors open out onto the patio area (from the bedroom and from the living area).
Estimated monthly repayment
R 122 763
on a R 11 700 000 bond over 20 years at 11.25%
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Fair-value check
Priced highPriced 319% above comparable 3-bed houses for sale in Blythedale
Based on 15 comparable listings
A market signal from comparable listings — not a formal valuation.
Blythedale, Blythedale, Blythedale, KwaZulu-Natal
Listed by
Francois Ngcobo
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