DEVELOP OR RENOVATE - 5233 Square meters of prime property located between Beach and Ambleside Road, Umtentweni. A mere stone's throw away from the popular main blue flag beach and picnic area .
OPTION 1: Keep the whole property and enjoy the natural beauty with tropical vegetation, beautiful trees and a grand old lady waiting to be restored to her former glory. This older home has so much character. Spacious rooms beckon open plan living hopefully maintaining her special character by keeping the original Oregon Pine floors, door frames and windows. Partial sea view can be enjoyed from the front patio. A unique home consisting of: - 3 Bedrooms - 2 Bathrooms - A huge old kitchen - Open plan lounge and dining area - Alarm and laser beams
OPTION 2: Transform this valuable property with its prime location into a Sectional Title development allowing up to 5 individual townhouses. An ideal investment opportunity as the property is virtually so close to the popular Umtentweni blue flag beach.
Excellent investment opportunity for a holiday home or for permanent living being close to Port Shepstone CBD.
OPTION 3: DEVELOPER INTEREST - The neighbouring two properties belong to the same owner and all three are for sale. Besides this property you can view the other two on the Wakefields website, reference numbers WRL73672 and WRL73674. Price R4 950 000.00 for the 3 combined.
In total the three properties amount to 10 550 square meters offering prime position for development. The three properties are between Beach Road and Ambleside Road allowing dual access, however, ideally access will be from Ambleside Road for vehicles.
Location is of utmost importance as these three adjoining properties are a stone's throw to the popular main blue flag Umtentweni beach, partially with sea views - it is considered a prime area in Umtentweni.
The last photo embraces the full picture of the 3 combined properties.
We invite developers and investors to view these valuable erven by appointment.
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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.
