Golden Investment Opportunity: Prime Sea-view Property for Commercial Development - Zoned Residential High Impact 2
Unlock the potential of this breathtaking sea-view property in Umtentweni, strategically located just 5km from the vibrant heart of Port Shepstone. Zoned as residential high impact 2, this gem presents a lucrative prospect for commercial property developers aiming to capitalize on the thriving local economy.
Situated in close proximity to a hotel, housing developments, and flats, this property offers the ideal canvas for constructing flats in accordance with the zoning regulations for this property. The current structure, a charming compact house, with its spacious kitchen, ample dining room, three well-proportioned bedrooms, one bathroom, and a separate visitor's toilet, awaits a transformation that aligns with the commercial potential of the area.
The house, nestled at the top of the property with sloping grounds towards the road, demands renovation to fully unleash its investment prowess. With tiled floors and wooden flooring in the lounge area, the existing structure can be reimagined to complement the upscale vision of a commercial development.
Here's why this investment is a strategic move:
Local Economy Overview:
Ugu District is a stronghold for agriculture, contributing 10.02% to the district's GVA.
Ray Nkonyeni Municipality is actively fostering an environment for agriculture, maritime, tourism, and industrial growth, creating a promising business landscape.
Infrastructure and Amenities:
Proximity to several hospitals, including Dunstall Farrell Hospital, G.J. Crookes Hospital, Murchison Hospital, and Port Shepstone Hospital.
Educational institutions, with approximately 66 schools in the Ugu District, are insufficient to meet the accommodation needs of students, presenting a unique opportunity for residential development.
Esayidi TVET College in Ugu District serves as a key driver of skills development.
Demand for Long-Term Rentals:
"The Port Shepstone area is a magnet for families, students, and working professionals seeking affordable long-term rentals in a safe environment. The shortage of such housing options due to high demand for holiday accommodation creates a significant gap in the market. Developers can seize this opportunity to meet the growing demand for quality, affordable housing in the Lower South Coast."
This is your chance to contribute to the local community's growth and meet the increasing demand for commercial properties in the area. Don't miss out on turning this property into a thriving investment that promises substantial returns. Embrace the potential, envision the future, and invest wisely! Contact Gail Mortimer, Real and Proper T today to view.
R1,543,157immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
The current average sales price for a 3 bedroom property in Umtentweni on ImmoAfrica.net is R 1,543,157
R4,361immo · index
The current average sales price per square meter for a 3 bedroom property in Umtentweni on ImmoAfrica.net is R 4,361
R9,765immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
The current average rental price for a 3 bedroom property in Umtentweni on ImmoAfrica.net is R 9,765
immo · index
Currently, there is not enough data to give you an estimated price. Please check back soon.
R1,772,464immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
The current average sales price for a 4 bedroom property in Umtentweni on ImmoAfrica.net is R 1,772,464
R609immo · index
The current average sales price per square meter for a 4 bedroom property in Umtentweni on ImmoAfrica.net is R 609
R842,559immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
The current average sales price for a 2 bedroom property in Umtentweni on ImmoAfrica.net is R 842,559
R2,067immo · index
The current average sales price per square meter for a 2 bedroom property in Umtentweni on ImmoAfrica.net is R 2,067
R5,775immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
The current average rental price for a 2 bedroom property in Umtentweni on ImmoAfrica.net is R 5,775
R72immo · index
The current average rental price per square meter for a 2 bedroom property in Umtentweni on ImmoAfrica.net is R 72
R3,416,462immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
The current average sales price for a 5 bedroom property in Umtentweni on ImmoAfrica.net is R 3,416,462
R1,314immo · index
The current average sales price per square meter for a 5 bedroom property in Umtentweni on ImmoAfrica.net is R 1,314
R520,000immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
The current average sales price for a 1 bedroom property in Umtentweni on ImmoAfrica.net is R 520,000
R143immo · index
The current average sales price per square meter for a 1 bedroom property in Umtentweni on ImmoAfrica.net is R 143
immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
Currently, there is not enough data to give you an estimated price. Please check back soon.
immo · index
Currently, there is not enough data to give you an estimated price. Please check back soon.
immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
Currently, there is not enough data to give you an estimated price. Please check back soon.
immo · index
Currently, there is not enough data to give you an estimated price. Please check back soon.
immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
Currently, there is not enough data to give you an estimated price. Please check back soon.
immo · index
Currently, there is not enough data to give you an estimated price. Please check back soon.
immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
Currently, there is not enough data to give you an estimated price. Please check back soon.
immo · index
Currently, there is not enough data to give you an estimated price. Please check back soon.
immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
Currently, there is not enough data to give you an estimated price. Please check back soon.
immo · index
Currently, there is not enough data to give you an estimated price. Please check back soon.
The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
Fill in your email address, we will send you a link to change your password.
Welcome to ImmoAfrica!
Create a password to continue
Report this property
to ImmoAfrica head office
Cookie preferences
We use cookies and similar technologies on ImmoAfrica to give you the best personalised online
experience. You can change your settings at any time and find out more by visiting our Cookie Policy, which also explains why some cookies, that can't be turned off, are
required to operate our website more effectively.
