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 ref # 446


R 3 745 000 (219 648 EUR*)

select a 2nd currency

± 2072 m2
± 650m2
R 1500  / m

Income producing Gem. Retire with an income in Blissful Pennington.

Situated on a large stand 2072 SQM (double plot paying rates for One)This Tuscan styled gem, nestled in an old-style Natal village called Pennington, approximately 11km from Scottborough on the South Coast of Kwa-Zulu Natal. This well established income producing lodge T/o +/- 600k pa is just a few minutes’ walk to the beach. The Erf has two entrances (huge advantage) from two different roads and the house is built in three different sections. Main house has three bedrooms and two bathrooms 1 en suite in main bedroom with a walk-in closet. It has large kitchen and lounge area split as TV lounge, Entertainers braai lounge. A balcony with a sea views overlooking the magnificent pool must see gardens.
Apartment 2 has two bedrooms with open plan kitchen and lounge with one bathroom and a large entertainment under cove patio which is adjacent to the pool
Apartment 1 is a granny cottage on its own and has one bedroom and open plan lounge and kitchen with one bathroom and it has a balcony.
There are huge opportunities to expand the current operation with additional cottages or anything else. Options to purchase the existing furniture.
Walking distance to all amenities.

Retire, relax, earn. Huge opportunity for the savvy Entrepreneur.

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