Ten Hectare Small holding in Leisure Bay with Ocean views

R 5,500,000

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1 year ago215 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):4
Bathrooms (#):2
Size (sqm):103869
Parking:Garage
Description
The large scenic property on the Natal South Coast and boasts 103 869 m² (10.4ha) in the heart of Leisure Bay close to Port Edward. The area is popular with holiday makers and known for its tropical appeal and long sprawling sandy beaches.

In the old days the property was a well-known Banana farm . This property offers a main dwelling and entertainment area plus two separate guest cottages. Each cottage has two bedrooms with all facilities. Both enjoy the treed garden, manicured lawns and ocean views.
There are two additional large outbuildings which were used for packaging, sorting etc. plus garages and staff facilities.

This property will be well suited to anyone looking for some privacy, peace and quiet whilst also enjoying the possibility of additional earning potential through holiday letting cottages or making use of the expansive farm grounds. The property is fencing, with an electric fencing around the living areas.

This property is on the South Coast of KwaZulu-Natal, close to the Wild Coast near the Eastern Cape Province border and close to the Wild Coast Sun and Casino. Surrounded by renowned golf courses. A huge variety of bird life and small buck species can be observed as you make your way towards the warm Indian Ocean to unspoilt beaches! Glenmore beach has a Ski boat club and launching facility!


# Ensuite: 1
# Parking: 2
Rates And Taxes: 800
Has Pool
Has Garden
Security Features: Fence, Alarm, Access Gate
Property Reference #: 3663664

Agent Details:
Annette Mentz
KZN South Coast
Port Shepstone

Id Subtitle 1162499316
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Estimated monthly repaymentR 59,604
Total property loan amountR 5,500,000
Total interestR 8,804,934
Total repaymentR 14,304,934
Interest rate at 11.75% for 20 years *
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KZN South Coast
Selling for 3+ years
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