R7,000,000
R7,000,000
2 Sunrise Drive
Monthly Bond Repayment R74,650.07
Calculated over 20 years at 11.5% with no deposit.
Change Assumptions
Monthly Rates
R4,507
R4,507
An Africa experience just outside Hillcrest. Wildlife roam free and bass fishing dam.
Attention all buyers seeking a home priced between R2.5 and R3.0 million, offering an 'Out of Africa' experience, complete with six income-generating properties. The total asking price is R7,000,000.00.
Truly a piece of paradise set in the tranquil surroundings of Assagay.
A facebrick 3 bedroomed house worth R3m and 6 income generating cottages make this a fantastic buy.
You can pay off your bond with the existing rental and still be left with a hectare of land to further develop.
MAIN HOUSE: 3 bedrooms all with en-suite bathrooms, lots of BIC's , new carpets with underfloor heating, ceiling fans, 2 lounges, scullery and pantry. Double garage, pool, own entrance.
COTTAGE 1: Next to main house, 1 bedroom, small garden, patio, lounge, full bathroom
COTTAGE 2: 1 bedroom, double carport, beams, burglar bars, own garden, view of dam, kitchen, full bathroom, sliding doors onto veranda overlooking dam. Gas stove.
CONTAINER FLAT: Full bedroom and bathroom for guests.
COTTAGE 3: 2 bedrooms, open plan lounge/dining area, patio, double carport and tandem garage, plus workshop.
FLAT 3: Modern kitchen - granite tops, bedroom plus office and lounge with patio
FLAT 4: Very large lounge and modern kitchen with granite tops, full bathroom, tiled floors, patio.
FLAT 5: Last one at the end, smaller with bedroom, bathroom, kitchen and patio
FLAT 3,4,5 SHARE A CARPORT FOR 3 CARS WITH OWN ENTRANCE.
The dwellings overlook your own dam and private boma, Impala, Blessbok and Nyala roam around freely.
Assagay is nestled in the valley of Hillcrest, which is a family suburb with excellent schools in the area, churches, and friendly restaurants.
The 6 dwellings have tenants which cumulatively yield an income of over R50 000 per month.
The present owners purchased the undeveloped land and have developed the site into an income generating property whilst also being involved in the neighbourhood community activities, one of which is reintroducing wildlife back into nature in collaboration with various wildlife societies.
A truly inspiring property where you will be able to enjoy the serenity whilst also enjoying an income.
Features
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
3
Kitchens
3
Reception Rooms
6
Studies
1
Exterior
Garages
5
Carports / Parkings
7
Security
Yes
Pool
Yes
Sizes
Floor Size
934m²
Land Size
3Ha
Assagay, Hillcrest
Nestled in the Valley of a Thousand Hills, Hillcrest has a slightly cooler and less humid climate than other parts of Durban.
It's a family-friendly suburb, with many private schools, parks and kid-friendly restaurants.
Estate living is very common, with many estates boasting well-kept golf courses.
Built amongst rolling hills, houses have magnificent views of the valley and lush, surrounding...
More Info
Get Email Alerts
Sign-up and receive Property Email Alerts of Houses for sale in Assagay, Hillcrest.
Disclaimer: While every effort will be made to ensure that the information contained within the Dormehl Phalane Property Group website is accurate and up to date, Dormehl Phalane Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
