Property for sale in UMHLANGA, LA LUCIA

R 4,250,000

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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Description
Income-Generating Property in Prime La Lucia Location
Discover a spacious income-generating property ideally situated in the heart of La Lucia, offering a coveted address near the mall, reputable schools, and the serene beaches of the area.

The main house boasts four generously sized bedrooms, each featuring its own ensuite bathroom, private entrance, and an outdoor seating area on the patio. Immerse yourself in the comfort of spacious living and dining areas that seamlessly flow out onto a covered verandah, providing a picturesque view of a rock pool nestled in a lush garden.

A separate kitchen and laundry room, strategically positioned to serve both the main house and the two adjacent outside cottages, contribute to the property's functionality. The two spacious one-bedroom cottages, complete with a kitchenette, lounge, and bathroom, are located in close proximity to the main house.

Situated on a corner stand with two entrances, the property offers ample parking space for up to seven vehicles. Currently operating as an income-generating business with fixed leases, this property presents an excellent investment opportunity.

While the property requires a bit of tender loving care (TLC), its potential for both residential and business purposes is undeniable. Don't miss the chance to transform this gem into a thriving hub or a luxurious residence.

Contact us today to schedule a viewing and explore the possibilities that this La Lucia gem holds. Your prime investment awaits!
Bedrooms: 6.00
Bathrooms: 6.00
Erf_Size: 1150
En Suite: 6
Dining Areas: 1
Pool: YES
Patio: YES
Laundry: YES
Kitchen: YES
Garden: YES
Family/TV Room: YES

Property Reference #: 5106858

Agent Details:
Lourens Erasmus
PROPHUNT PROPERTIES
ADDRESS

Id Subtitle 1266683030
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Estimated monthly repaymentR 46,058
Total property loan amountR 4,250,000
Total interestR 6,803,813
Total repaymentR 11,053,813
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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PROPHUNT PROPERTIES
Selling for 3+ months
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