Luxury four unit property on Kingsway

This four unit property is in a prime position on Kingsway with lovely views from upstairs. The owners had a guesthouse in mind when they renovated this home. Instead it became four separate units. The two larger units are separated by a passage width dry wall section at the staircase - remove this and they become one luxury 6 bed / 6 bath / 2 kitchen home for the bigger family.

There are two ways to look at it:
- For an investor seeking rental income - the current four units have tenants bringing in around R45 000 / month
- For a large family, convert the two big units to one home with six bedrooms and six bathroom... plus a 1 bed granny flat attached to the house and a 2 bed flat separate from the house.

The current configuration of four rental units is as follows:
- An upstairs 3 bed/3 bath unit with very large open plan living area that flows out to a large covered verandah with sea views and a built in braais. There is one extra room that could be a study or bedroom.
- A downstairs 3 bed / 3 bath unit with very large open plan kitchen and living area.This opens to a large verandah overlooking the swimming pool. The double garage opens into this unit.
- A 1 bed/1 bath unit with rental income around R6K/month. This unit is upstairs above the garage and has a walkway with access to the main house as an option - idea for giving granny her own place with easy access to the house.
- A 2 bed/1 bath unit with rental income potential around R8K/month

All units are self contained with their own entrances, DSTV, pre-paid meters, own water meters and air conditioning.
There is a double garage with access to the downstairs home plus other shadenet parking to accommodate other units.

All are well appointed with high quality floors and finishes.
Shared pool and braai (The lapa is not on plan and Seller will remove at Purchaser's request).
Secure parking for everyone. JoJo tanks collect rainwater.
The house is on a prime stretch of Kingsway/Andrew Zondo Road near the Kingsway hospital and Galleria.

This unique investment property is a must view. Bring a serious offer.

Amanzimtoti is a coastal town just south of Durban, KwaZulu-Natal, South Africa. According to local legend, when the Zulu King, Shaka, led his army down the South Coast on a raid against the Pondos in 1828, he rested on the banks of a river. When drinking the water, he exclaimed “Kanti amanzimtoti” (isiZulu: “So, the water is sweet”). The river came to be known as Amanzimtoti (“Sweet Waters”). The Zulu word for “sweet” is actually mnandi, but, as Shaka’s mother had the name Nandi, he invented the word to replace mnandi out of respect not to wear out her name. Locals frequently refer to the town as “Toti”

The town is well known for its warm climate and numerous beaches, and is a popular tourist destination, particularly with surfers and the annual sardine run attracts many to the Beaches.