R2,400,000
R2,400,000
8 Bedroom Freehold For Sale in Sea View
8
Bedrooms
4
Bathrooms
8
Parkings
Sole Mandate
Ref. RLS992747
Land 2447.00m²
Monthly Repayment
R23,961.11
Michelle Vermeulen
Michelle Vermeulen Selling Licensee Seeff Queensburgh & Chatsworth PPRA Registered | FFC 2023220836
Jan Vermeulen
Jan Vermeulen Selling Licensee Seeff Queensburgh & Chatsworth PPRA Registered | FFC 2023222301

Income-Producing 4-Unit Property with Land to Develop

Web Ref. RLS992747
A rare opportunity for developers and investors to acquire a substantial multi-unit property offering outstanding scope for further development and value growth.

The site currently comprises four two-bedroom units, arranged as two pairs of semi-detached dwellings. These existing buildings sit on a large, plot that provides ample space to construct two additional sets of two units, in the layout of the current dwellings.

The generous grounds offer excellent access and flexibility for redevelopment or expansion, making this an attractive project for those seeking to create additional housing or reconfigure the site entirely. The layout and scale of the land present a straightforward opportunity to increase capacity while maintaining privacy and good separation between units.

Located in a well-connected area close to local amenities, schools, and transport links, the property is well positioned for residential use. Its configuration with 2 road frontages and plot size make it a versatile purchase, equally suited to developers, investors, or those looking for a multi-unit living arrangement.

Key Features:

Four existing 2-bedroom units (arranged 2x2 semi-detached)

Large site with potential to add further units

Excellent access and proximity to amenities and transport

2 Road frontages

Attractive opportunity for developers and investors

This is a rare chance to secure a multi-unit property with genuine potential for expansion and value creation.

Features

Interior
8 Bedrooms
4 Bathrooms
4 Kitchens
4 Lounges
4 Dining Rooms
Exterior
8 Parkings (Secure Parking)
Security
Sizes
Land Size 2,447 m²

None, Durban

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Finance

Monthly Repayment
R0,00
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