This property sounds like a fantastic opportunity for developers or investors seeking a prime location with a range of possibilities. Here's a summary of its key features:
Property Overview
Total Land Size: 1107sq. meters (combined with adjoining property).
Current Structure: A vintage house with multiple self-contained sections, suitable for multi-family occupancy or redevelopment.
Location: Strategically situated near business establishments, health facilities, and across from St. Augustine's Hospital.
Current Layout
Ground Floor:
Section 1:
2 rooms, a bathroom, separate toilet, large lounge, and spacious kitchen.
Independent entrance.
Section 2:
Large lounge, one bedroom with en-suite, and kitchen.
Separate entrance.
Section 3:
Studio with en-suite and an adjacent laundry room
(convertible for studio use).
Upper Level:
2 large en-suite bedrooms:
One with a back deck.
The other with a full-width front balcony offering harbor and hospital views.
Additional study (convertible into a bedroom).
Open-plan dining area adjacent to a kitchen.
Massive lounge opening to the front balcony.
External Features:
Paved driveway leading to a triple garage, covered parking for four cars, and open parking for three cars.
Granny cottage attached to the garage with a private entrance.
Stairs and wheelchair-accessible ramp for access to the house.
Lush greenery and trees for privacy.
Development Potential
Ideal for rezoning into:
Medical suites (given proximity to hospitals).
Residential flats.
Commercial offices.
Excellent accessibility to schools, universities (UKZN), and other amenities.
Unique Selling Points
Large property size in a high-demand location.
You can also acquire the adjoing property of 1105 sq. mt giving a total area of 2212 sq,. mt for development
Flexible layout accommodating multiple families or tenants.
Strategic position with harbor views and proximity to key establishments.
Development-ready with ample parking and separate living sections.
This is a rare opportunity for those looking to develop in a well-connected and thriving area. Whether you're envisioning modern apartments, medical offices, or a mixed-use development, this property is ripe for transformation. Bring your offers today!
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