Calling all investors - we invite you to view this property situated on the beach in Oslo Beach on the South Coast of Kwa-Zulu Natal.
FIRST OPTION - R4.5 MIL THIS AMAZING PROPERTY ON THE BEACH SPANNING 10764 SQM IS ZONE "RESIDENTIAL HIGH IMPACT 2" WHICH MEANS THE LAND CAN BE DEVELOPED FOR MULTI-UNIT RESIDENTIAL UNITS OR A HOTEL, GUEST LODGE, BED AND BREAKFAST OR SIMILAR RECREATIONAL DEVELOPMENT WITH BEACH AND RIVER ACCESS.
SECOND OPTION - There are 3 ERF's and an investor can purchase one ERF separately as follows; Portion 1 of ERF 381 - 4777 sqm - with home = R 2 950 000. Portion 2 of ERF 381 - 3422 sqm - vacant land = R 900 000. ERF 68 - 2565 sqm - Vacant land = R 800 000.
Presently the property contains: - A remote entrance security gate. - A main house with 4 bedrooms, 2 bathrooms, guest loo, 2 lounges open plan kitchen and sea view from covered patio and a pool. - 1 Bedroom Flat with bathroom, kitchen and lounge. - 1 Bedroom flat with bathroom, kitchen and lounge. - 2 Bedroom Flat with bathroom, kitchen and lounge. - 1x 5000l water tank.
The property is large enough (just over 1 Hectare) to allow further units to be built.
The alternative option for this beautiful property on the beach is to convert to a hotel or similar recreational resort.
Kindly arrange an appointment to view and please see the attached photos.
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Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
