This is a WOW 2911m2 site with sea views and numerous opportunities to capitalise on. Presently a generous income generating property with further ability to increase your return.
This property comprises of 7 to 8 units of which 5 are presently happily tenanted. There are 2, potentially, 3 units that only require finishes. Plumbing & electrical work is completed plus up to date CoC. Finishes already on site will be included in the sale. There is a further +/- 300 m2 level space where a completely new unit could possibly be built with permission.
Ample parking with a huge tandem double lock up garage plus plenty undercover parking. The grounds are in excellent condition with a beautiful communal swimming pool. Store rooms plus laundry facilities are a further plus on this property.
Don't miss out, book your exclusive viewing now to discuss and see the unlimited scope of this incredible investment
Features
11
9
4
Pets Allowed
Yes
Interior
Bedrooms
11
Bathrooms
9
Kitchens
1
Exterior
Garages
4
Carports / Parkings
10
Security
Yes
Pool
Yes
Sizes
Floor Size
1,373m²
Land Size
2,911m²
Extras
Laundry • Built In Braai • Security Gate • Views: Sea / Ocean • Locality: Close To Beach • Locality: Close To Schools • Locality: Close To Shops • Locality: Close To Transport • Living Area: Open Plan • Kitchen: Standard • Heating / Cooling: Electric • Pool: Inground • Garaging / Carparking: Double Lock-up • Land Contour: Flat To Sloping • Condition: Renovator • Window/door Frames: Aluminium • Water Supply: Town Supply • Sewerage: Mains • Outdoor Living: Garden • Garaging / Carparking: Off Street • Condition: Good
It's cosmopolitan, its sophisticated it's trendy, it's Umhlanga - the leisure capital of Ethekweni.
From the Umgeni River to luxurious La Lucia is Durban North, a grand timeless suburb with beautifully lush greenbelts, parks, and tree-lined streets.
Mount Edgecombe is home to some of the most secure, upmarket residential estates.
These 3 areas are closely located, enabling residents to enjoy every...
More Info
Sign-up and receive Property Email Alerts of Houses for sale in Athlone, Durban North.
Disclaimer: While every effort will be made to ensure that the information contained within the Harcourts South Africa website is accurate and up to date, Harcourts South Africa makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.