New on the market!!!!! Between St Lucia and Mtubatuba

R 5,880,000

Can I afford this?
8 months ago378 views
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General Details
Location:
For Sale By:Agency
Description
Multiple use property in tranquil area!

This beautiful, 1 hectare smallholding is one of KZN’s hidden treasures, and is located only 15 minutes from St Lucia.

What can you expect? The property has 2 separate, 3-bedroom houses. Both houses are fashioned with built-in cupboards and 2 convenient on-suite bathrooms.

The property has ample parking, with a double garage at the main house.

Old and new styles are harmoniously combined in the classic wooden floors, which are paired with modern tiles and fittings. Expanding doors and large windows allow for ample natural light and enjoyment of the tranquil surrounds. The properties are perfectly suited for relaxation and entertainment.

In addition to the two houses, this small holding also offers 5 flats. The flats are perfect for self-catering accommodation such as overnight or wedding guests, school groups and conferences. There’s a total of 15 rooms, and 32 guests can be accommodated at a time. With the sub-tropical climate, an advantage is that all the bedrooms are equipped with air conditioning.

1 x 3-Bedroom flat with 2 bathrooms

1 x 2-Bedroom flat 1 bathroom

4 x 1-Bedroom flat with bathroom

4 x 1-Bedroom flat with 1 bathroom

1 x 2-Bedroom wooden cabin (flat) with 1 bedroom

Other facilities:

The property also boasts with a utility room and a beautiful conference hall that can be utilized for weddings, parties or functions. The venue can host up to 100 people. The property has endless potential and offers great opportunities for entrepreneurs (it is currently serving as a Cheese Farm with a restaurant and a lovely giftshop.)

The property is family friendly, and contains a beautiful pool, ample play area for children, such as a jungle gym and put-put which will provide hours of fun.

The property is also fortunate to have litchi and mango trees on it. Not only does it have fruit trees, but it is also surrounded by the Sappi Forest, which creates a tranquil and peaceful environment. The property is secured and guarded 24 hours by Inyala Security. There are 2 generators and 6 water tanks which will ensure that everything will continue to work well during load shedding!

It is a good investment for any entrepreneur who loves excitement as well as new developments. Its spacious enough to keep animals and is currently know as a Cheese Farm. The cheese is made from the goats’ milk on the property and is sold in the lovely giftshop on the farm. The Cheese Farm offers school excursions from all areas in Kwa-Zulu Natal… a good investment for anyone looking to invest in property!

1 deck Restaurant , utility room , events venue , farm shop , water tanks and kids play area and lots lots more !

Property Reference #: RL4780

Agent Details:
Lundie Down
Maxprop Holdings (Pty) Ltd
31 Biyela Street
Empangeni

Id Subtitle 1226598335
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Estimated monthly repaymentR 63,722
Total property loan amountR 5,880,000
Total interestR 9,413,275
Total repaymentR 15,293,275
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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Maxprop Holdings (Pty) Ltd
Selling for 2+ years
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