16 Bedroom House For Sale in Mtubatuba

R3,950,000

Monthly Bond Repayment R42,806.43
Calculated over 20 years at 11.75% with no deposit.

Web Ref No KZD26974

Prime Location, Prime Invesment at a Bargain Price!!

Sole and Exclusive to Harcourts Zululand Real Estate

Seldom does a property come on the market with such versatility and opportunity. Comprised of three combined properties and ideally positioned, this one-of-a-kind offer boasts both tremendous residential and commercial value.

The first property consists of a well-established B&B Guesthouse. The large main house provides five bedrooms, five en-suite bathrooms, two lounges, two dining rooms, kitchen, family room and a beautiful balcony overlooking the swimming pool. Separate to the main house, the stand has both an additional two-bedroom garden unit and one-bedroom garden unit that provides great returns.

The second property consists of three further flats, made up of a stunning two-bedroom home that overlooks the idyllic garden and 2 x one-bedroom units that produce excellent rental income. The plot has multiple storerooms, water tanks, pumps and a separate laundry area.

The third property consists of a corner stand with 2 x income generating two-bedroom flats, independent gate access and supplementary space to further expand and adapt the property to an investor's needs.

With so much more on offer, contact us today for a viewing of this Prime Investment Opportunity!

These individual properties form part of the seller's broader property portfolio, near the Pick 'n Pay and Mtuba Mall - the properties are available to purchase both separately or together as a whole. The portfolio for sale includes:

- The three connected properties at over 6000sqm, mentioned in the listing above and numbered 1, 2 and 3 in the diagram - Priced at R3,950,000.

- Number 4 in the diagram, measuring 1126sqm property and with 3 x one-bedroom flats - Priced at R950,000.

- 5 x Vacant stands along the main arterial road, opposite the Mtuba Mall - Price between R650,000 - R690,000.

Should you require any further information, feel free to get in touch with us.

Features

Bedrooms 16
Bathrooms 11
Land Size 6,231m²
Carports/Parkings 14
Pool Yes
Pets Allowed Yes

Extras Built In Braai
Patio
House Style: Character
House Style: Contemporary
Views: River
Views: Bush
Views: Private
Locality: Close To Schools
Locality: Close To Shops
Locality: Close To Transport
Living Area: Separate Dining
Pool: Inground
Pool: Private
Land Contour: Flat To Sloping
Water Supply: Town Supply
Living Area: Formal Dining
Outdoor Living Braai Area: Lighting
Outdoor Living: Entertainment Area
Outdoor Living Entertainment Area: Partly Covered
Outdoor Living: Garden
Outdoor Living: Washing Line
Garaging / Carparking: Off Street