Sole Mandate - Umdloti South Beach.
This is a fantastic investment opportunity! The location near KZN’s popular beaches adds a lot of appeal, especially with the added bonus of a stunning view right from the patio and bedrooms. The flexibility of living in the main house while earning rental income from the cottages is a major plus, and the property’s layout is well-suited for a guesthouse, and currently run as one with many return guests.
Here’s a breakdown of what stands out:
Versatility for Income: With up to 17 guests accommodated across the cottages and the main house, this does currently bring in a solid stream of income.
Good Infrastructure: The 4 lock-up garages and off-road parking for 4+ cars is a huge draw for guests, especially in a popular beach town where parking can be tough. The Jojo tanks are a great addition for water storage, which is important for both operational efficiency and sustainability.
Room for Personalization: While the property is ready for a new owner to make their personal touch, the layout is spacious and flexible enough to adapt for different uses or improvements. The variety of guest accommodation options (single, double, and family units) makes it attractive for a wide range of potential guests.
Domestic & Staff Amenities: The separate staff accommodation (currently used as a laundry) also shows that the property has been well-thought-out in terms of functionality.
This Guest Home offers so many options. Call me today to arrange a viewing.
1) Main House- 3 bedroom, 2 bathroom, kitchen, lounge and dining room
2) Greta- 1 bed, 1 bath, Kitchen, Lounge ( Sleeps three)
3) Rosewood- 2 bed Bachelor ( Sleeps two)
4) Embuia- 2 bed 2 bath ( Sleeps four)
5) Granny flat: outside flatlet behind house 1 bath ( Sleeps 2 )
6) Domestic staff bedroom, kitchen and currently used as a laundry.
Area ratings do not reflect Qwengo's opinion or view. This information is provided by third parties.
Consume | Value spend |
---|---|
Deposit (R) | 17 |
Payment term (R) | 25 |
Interest rate (R) | 3 |
Monthly Total
Mortgage
Purchase price
Deposit 10%
RPayment term
20 yearsInterest rate
11.5%Your payment
R / mo.