Our Featured Property For Sale

 

 

FEATURED PROPERTY ONE

WILL YOU BE IN THE POUND SEATS
WHEN THE MARKET TURNS?

This magnificent property isn’t just an elegant, exceedingly
 spacious and up-market home – it also has some very positive
advantages in the shape of future income potential

The exceedingly spacious main house with matching cottage is placed high on the wooded ridge overlooking the Indian Ocean and the quiet village of Pumula.   The grounds, Extend to just under four acres and are laid to ornamental shrubs and indigenous tropical trees and frequented by monkeys, duiker and a variety of other small animals as well as an amazing variety of bird life.

Accommodation in the house, which has full length verandahs on both the ground and first floors offering unrestricted sea and breaker views, consists of an entrance hall; huge double aspect lounge, opening to an equally spacious dining room; guest cloak room; large wood and melamine cook’s kitchen with scullery; (access to the garage directly from the house); five large bedrooms, (two of which are en-suite), family bathroom and separate shower room.   The house is in excellent structural and decorative order and has been carefully modernised to preserve the original period feel.   There is a monitored security system and the extra large double garage has direct access into the house.  .   There is a swimming pool and a small orchard in the grounds.

The well-built, self-contained, cottage has a large living/dining area; kitchen with scullery; two good bedrooms, shower room; garage and patio.

The true value of this property lies in the fact that the ground has already been surveyed for subdivision into eight or possibly nine sea view stands varying in size from 980m² to 2510m² with the remaining 6520m² surrounding the main house guaranteeing future privacy.   You CAN have your cake and eat it!  Sell it off piecemeal or create a small exclusive residential development –  the choice is yours.   Given that the average price for elevated sea view stands in this area is around R350 000 the sub-divisible portion of the property is comfortably worth in excess of R3 million and the potential for realising substantial profit is self-evident!

 

All enquiries should be directed to the
Seller’s Agent
Allen Denton-Miller
+27 (0) 39 695 0203
+27 (0) 72 717 7771
denton.miller@mweb.co.za

 

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