R2,450,000
Monthly Bond Repayment R26,127.53
Calculated over 20 years at 11.5% with no deposit.
Change Assumptions
R1,926
LEISURE BAY. Business opportunity on the KZN South Coast with limited commercial rights
An expansive holiday home or four separate holiday apartments present an outstanding business opportunity with limited commercial rights, within the charming town of Leisure Bay, nestled along the scenic Kwazulu Natal South Coast.
This property boasts three studio apartments on the ground floor and a spacious three-bedroom apartment upstairs. A highlight is the sprawling entertainment deck on the roof, with a small sea view, perfect for barbecues and sunbathing, complemented by a 5000L water tank connected to the house’s water system by gravity feed.
Only a brief two-minute stroll away lies the beach, offering refreshing swimming and fishing experiences on balmy summer days.
The upstairs apartment features two en suite bathrooms and an additional bathroom for the third bedroom. Tiled throughout, the unit showcases a generous living space encompassing a lounge, dining area, and kitchen—ideal for large family gatherings or serene relaxation.
Currently, the owner capitalizes on the holiday rental market, yielding substantial income. During peak season, the studio apartments fetch R 1,000.00 per day, while the three-bedroom apartment commands R 2,300.00 per day.
Conveniently located just six kilometres from Port Edward and ten kilometres from the renowned Wild Coast Sun Resort and Golf Course to the south and San La Meer in the north, as well as the famous Mac Banana farm stall and shops nearby,
This property offers endless opportunities for those seeking to establish a successful venture along the famed Hibiscus Coast of Kwazulu Natal.
Features
Interior
Exterior
Sizes
Extras
Shower • Alarm System • Brick • Forest View • By the sea • Balcony • Water - Tank • Corner Lot • North East • En-suite Bathroom • Contemporary • Satin Paint • Wheelchair Accessible • Good reachable traffic • First owner • Hob • Safe Location • Near Beach • Eat-in Kitchen • 2 Car Garage • Domestic Bathroom Bathroom • Fibre • Near Golf Course • Country Side • Concrete • Roof Terace • Garage • Built in Wardrobes • Open • Modern • On Quiet RoadGet Email Alerts
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