Albersville , Anerley , Beacon Rocks , Grosvenor , Lawrence Rocks , Louisiana , Manaba Beach , Marburg , Margate , Melville KZN , Merlewood , Murchison , Oslo Beach , Port Shepstone , Ramsgate , Sea Park , Shelly Beach , Southport , St Micheals on Sea , Sunwich Port , Umtentweni , Uvongo
3 Bedroom House , 7 FLATLETS abandoned cottage
Investment Opportunity with Sea Views and Massive Income Potential
Set high above the coastline and accessed via a steep paved driveway, this exceptional multi level property offers incredible investment potential with beautiful sea views, spacious accommodation, and multiple income generating opportunities. Perfect for investors, developers, Airbnb entrepreneurs, or buyers looking for a rewarding fixer upper project, this unique property combines scenic surroundings with excellent rental possibilities.
The elevated position allows for expansive views of the ocean and lush greenery from various areas of the property, including a large wrap around balcony that creates the perfect space for entertaining or simply relaxing while enjoying the coastal atmosphere.
Main House
The main residence is warm, spacious, and full of character. Exposed wooden ceiling beams and a striking stone fireplace create a welcoming atmosphere in the large lounge area, while oversized windows allow natural light to pour into the home and showcase the surrounding greenery and sea views.
A separate family TV lounge provides additional living space, making the home ideal for larger families or communal living. The functional kitchen features ample wooden cabinetry, generous workspaces, and a breakfast counter that flows effortlessly into a spacious dining area, perfect for family gatherings and entertaining guests.
The home offers three well sized bedrooms with built in cupboards. Two bedrooms share a family bathroom, while the main bedroom enjoys the privacy of a full en suite bathroom.
Outdoor and Practical Features
Large wrap around balcony with scenic and sea views
Beautiful vertical landscaped garden wall
Paved driveway leading to three garages and workshop space
Secure parking with ample additional parking areas
Access gate, security gate, and burglar bars for added peace of mind
Water tank and gas geysers for practical and cost effective living
Seven Income Generating Flatlets
This property offers outstanding rental potential with seven separate flatlets, all fitted with prepaid electricity meters and gas geysers, making management simple and efficient.
Flatlet 1
Open plan lounge and kitchen, bathroom with shower toilet and basin, plus one bedroom with built in cupboards.
Flatlet 2
Open plan lounge and bedroom area with a walk in closet, kitchen, and bathroom with shower toilet and basin.
Flatlet 3
Separate lounge, kitchen, bathroom with shower toilet and basin, and one bedroom.
Flatlet 4
Open plan lounge and kitchen, bathroom with shower toilet and basin, two bedrooms with built in cupboards, plus a unique cave style room with staircase access.
Flatlet 5
Bachelor unit with open plan lounge, bedroom, and kitchen area, plus bathroom with shower toilet and basin.
Flatlet 6
Open plan lounge and bedroom area, kitchen, and bathroom with shower toilet and basin.
Flatlet 7 Boathouse
Open plan lou