An Incredible Investment!

Ref # 1909213 : Glenashley » Durban North » Kwazulu Natal

R 25,800,000

Chris Perold

Property Specialist
Tel: 0743253545
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Property Details

Hendra Estates proudly presents these magnificent investment properties.

Finally your chance to live your dream is here!

Set in an upmarket Durban North suburb right on the beach, these well established and lucrative guest houses are the ideal destination for holiday makers and is currently being used as corporate accommodation with a lease which will very likely continue for the next few years.

The income generated by these self running beach front guest houses would mean you would very likely only need to make repayments on a figure closer to R7m.

The 29 Rooms are all en-suite (17-4 star and 12-3 star). All rooms are tastefully furnished, air-conditioned and offer a shower or bath (in some cases both), bar fridge, microwave and LCD Tv's.

There are two giant dining rooms, two massive kitchens (which could rival some restaurants) and a third smaller Kitchen by the pool.

With two lounges, your guests could take in a movie or read a book after a day of sun, surf and sand!

There are two pools on the property. One nestled under palm trees in the back garden and accompanied by a very large entertainment area with a pool table and the third Kitchen. A haven from the scorching African sun and perfect for family braais. The second pool is a rim-flow built into the deck with sea views so spectacular, you would be forgiven for believing you were on a tropical island. Ideal for lazy afternoon cocktails as you drink in the sun, sights and sounds.I simply cannot emphasize enough how close you are to the ocean. Literally 10 paces out of the gate and you are on the beach!

Close to all major transport routes, shopping malls and tourist attractions this sound investment will start to offset expenditure from purchase!

Call or email me today for a viewing!

Your dream awaits....

Property Features

  • Property Type House
  • Beds 29
  • Bath 30
  • Garages 2
  • Pool Yes
  • Furnished Yes
  • Building Size 1,470m²
  • Stand Size 2,024m²
  • Study 1
  • Staff Quarters 1

Associated Costs

  • Rates & Taxes ± 2500

Location