- 14
- 109 176 m2
Monthly Costs
Monthly Bond Repayment ZAR .
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Mun. Rates & Taxes: ZAR 6650.00
Property description
This investment opportunity presents three adjoining erven in the sought-after Uvongo area, totaling 10,917 hectares of prime land ready for development. Each erf offers unique features and income-generating potential.
First Erf (2.2264 hectares):
- This erf boasts a picturesque setting bordering the serene Vungu River.
- Includes a spacious 5-bedroom house, ideal for a large family or as a guesthouse.
- Additionally, there's a comfortable 3-bedroom house and a 2-bedroom flat, providing versatile accommodation options.
Second Erf (3.9962 hectares):
- With ample space for expansion, this erf features 10 well-appointed 2-bedroom flats, catering to a diverse rental market.
- A substantial 5-bedroom house adds to the property's value, offering further rental or owner-occupied potential.
- Workshops and stables on-site present additional income streams or utility for hobbyists or small businesses.
Third Erf (Approximate size not provided):
- Enjoy the tranquility of this erf nestled along the Vungu River, with eight park homes currently generating rental income.
- The site's peaceful ambiance and riverfront location make it an attractive option for tenants seeking a serene living environment.
Situated in Uvongo, a premier coastal destination known for its upscale residential areas and natural beauty, this investment holds immense promise. Uvongo's allure lies in its scenic landscapes, including the majestic Vungu River and its waterfall, creating a desirable living environment.
Don't miss this chance to capitalize on the potential of these erven in one of the South Coast's most coveted locales.
Property Details
- 14 Bathrooms
Property Features
- Study
- Patio
- Pool
- Staff Quarters
- Laundry
- Storage
- Pets Allowed
- Access Gate
- Scenic View
- Sea View
- Kitchen
- Lapa
- Garden Cottage
- Pantry
- Guest Toilet
- Garden
- Family TV Room
| Bathrooms | 14 |
| Erf Size | 109 176 m2 |
Contact the Agent
Chantelle Heunes
Candidate Property Practitioner