St Lucia · Apartment For Sale
29 Bedroom Apartment For Sale in St Lucia
- R 10,750,000
- 29 bd
- 15 ba
This once-in-a-lifetime opportunity offers you the chance to own a 4 sq.m property in the stunning coastal town of St. Lucia. The property is currently 4 sq.m and can be subdivided into two 2 sq.m properties, currently one has 12x two-bedroom apartments overlooking Lake St. Lucia and the other will or can be perfect for a commercial building in the main street of St. Lucia or 12 more apartments.
The property is located in a prime location, within walking distance of shops, restaurants, and other amenities. It also offers stunning views of Lake St. Lucia, a UNESCO World Heritage Site.
The property has the potential to be developed into a thriving residential or commercial complex.
Residential Development if one should subdivide the property,
The 2 sq.m property with 12x two-bedroom apartments overlooking Lake St. Lucia would be a perfect investment for anyone looking to sell the apartments or rented out on short holiday terms or on long term, and they would be in high demand due to their stunning location and views.
Commercial Development
The 2 sq.m property in the main street of St. Lucia would be ideal for a commercial development, such as a shopping mall, office building, or hotel. The property is located in a high-traffic area, and it has the potential to generate significant income. Currently there is a 400 sq/m building consisting of a 3 bedroom penthouse on the first floor. On the ground floor there is a reception and 2 x 1 bedroom apartments.
Investment Potential
This property is a unique investment opportunity with a wide range of possibilities. It could be developed into a residential complex, commercial complex, or a combination of both. The property is also located in a prime location, which means that it is likely to appreciate in value over time.
Price excludes 15% Vat, can be zero rated.
Contact us today to learn more about this once-in-a-lifetime opportunity!
Property Information & Features
- Property Type
- Apartment
- Listing Type
- For Sale
- Location
- St Lucia, KwaZulu Natal
- Price
- R 10,750,000 · Get Pre-Qualified
- Erf Size
- 4000 m²
- Bedrooms
- 29
- Bathrooms
- 15
Map & Nearby
Price Trends · St Lucia, St Lucia beta
Select filters to see average property values
The current average sales price for a 2 bedroom property in St Lucia on ImmoAfrica.net is R 1,236,027
The current average sales price for a 1 bedroom property in St Lucia on ImmoAfrica.net is R 929,939
The current average rental price for a 1 bedroom property in St Lucia on ImmoAfrica.net is R 8,000
The current average sales price for a 3 bedroom property in St Lucia on ImmoAfrica.net is R 2,361,244
The current average sales price for a 4 bedroom property in St Lucia on ImmoAfrica.net is R 3,616,000
The current average sales price for a 5 bedroom property in St Lucia on ImmoAfrica.net is R 5,166,666
Currently, there is not enough data to give you an estimated price. Please check back soon.
Currently, there is not enough data to give you an estimated price. Please check back soon.
Currently, there is not enough data to give you an estimated price. Please check back soon.
Currently, there is not enough data to give you an estimated price. Please check back soon.
Currently, there is not enough data to give you an estimated price. Please check back soon.
Currently, there is not enough data to give you an estimated price. Please check back soon.
| Bedrooms | Buy | Rent |
|---|---|---|
| Studio | ||
| 1 Bed | R 929,939 | R 8,000 |
| 2 Bed | R 1,236,027 | |
| 3 Bed | R 2,361,244 | |
| 4 Bed | R 3,616,000 | |
| 5 Bed | R 5,166,666 |
| Bedrooms | Buy | Rent |
|---|---|---|
| Studio | ||
| 1 Bed | R 7,266 | R 167 |
| 2 Bed | R 7,491 | |
| 3 Bed | R 4,573 | |
| 4 Bed | R 3,553 | |
| 5 Bed | R 4,627 |
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