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Amanzimtoti, Amanzimtoti, Amanzimtoti, KwaZulu-Natal
R 4 500 000
An Investor's Dream in Amanzimtoti Don't miss this unique opportunity to own a property that offers endless possibilities for income generation and business ventures. This expansive 4,866 sqm property is a rare find, perfectly suited for multi-tenant rentals or as a base for a thriving business. With multiple residences, ample space, and a crucial borehole, this property is a must-see for serious investors. Multiple Income Streams Await The property features a versatile layout with four distinct living units, allowing you to maximize rental income. * 2 x 3-bedroom houses, each with two bathrooms, a lounge, a TV room/dining room, and a modern kitchen with a gas stove and electric oven. Each house also has its own private garden and braai area. * A stunning, spacious upstairs penthouse with a huge open-plan lounge and kitchen, a coffee station, and a massive bedroom with an open-plan shower and bath. It also includes a walk-in closet, a separate study, and a relaxing balcony overlooking the garden. * A comfortable bachelor flat with its own small kitchen and a shower, basin, and toilet. Additionally, a large storeroom with its own toilet and basin is located next to the bachelor flat and could be joined to create a larger unit. Business Opportunities Abound This property's true potential lies in its commercial possibilities. The highlight is a borehole, which provides a reliable and abundant water source. This can be used to start a water plant business, bottling and wholesaling water to the public, creating a significant and sustainable income stream. The property also boasts a huge entertainment area with a built-in bar, braai, and a full kitchen with a gas stove and double electric oven, making it perfect for hosting events or running a guest house. Ample parking, including several undercover spaces, ensures convenience for tenants or business clients. Key Features: * 4,866 sqm property * Two 3-bedroom houses * One Penthouse * One Bachelor Flat * Borehole with water plant potential * Huge entertainment area with a bar * Large storeroom * Plenty of parking * Pond This property is a must-see to fully appreciate its immense potential. Whether you're looking for a solid investment in rental income or a prime location to launch a business, this property delivers. *The information herein is correct to the best of our knowledge as provided by various parties, however errors and omissions excepted.
Estimated monthly repayment
R 42 495
on a R 4 050 000 bond over 20 years at 11.25%
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Amanzimtoti, Amanzimtoti, Amanzimtoti, KwaZulu-Natal
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Listed by
Elmarie Molefe
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