Investor Alert: Massive 1457m² Land on Prime Sarnia Road with Income and Huge Development Potential!
A rare and lucrative opportunity awaits on Prime Sarnia Road, Sea View. This expansive, level plot of 1457 square metres is not just land; it's an immediate income-generating asset currently bringing in a total rental income of R12,000 per month, excluding utilities (both tenants use prepaid electricity and water meters).
The versatile property comprises multiple structures and has so much more potential.
Main House: This spacious residence features a practical layout with a fitted kitchen (ready for your chosen stove), a large separate lounge, and a spacious dining room. It offers three comfortable bedrooms (two with built-in cupboards) and a huge full family bathroom equipped with a shower, bath, basin, and toilet.
Granny Cottage: Providing excellent independence and rental value, the separate cottage features an open-plan lounge, dining area, and kitchen, two bedrooms, and a spacious bathroom with a shower, basin, and toilet. It is fully self-sufficient with its own prepaid electricity and water meters.
Future Potential: A significant bonus lies in the additional structure at the back of the property which can be renovated and converted into a second granny cottage, offering massive potential for further increasing rental income.
The massive yard is a true gem, featuring a beautifully cultivated garden with fresh vegetables, papaya trees, and pumpkin, a delight for any nature lover.
With abundant parking space, the enormous yard provides plenty of room to add a custom entertainment area, a pool, or further rental units, maximizing your return on investment.
This is a unique chance to secure a colossal piece of land on a prime road, delivering instant rental returns and boundless possibilities for expansion.
Whether you are an investor looking for cash flow or a developer seeking scale, this property is unmissable.
Contact me today to secure this high potential Sea View Durban asset!
The versatile property comprises multiple structures and has so much more potential.
Main House: This spacious residence features a practical layout with a fitted kitchen (ready for your chosen stove), a large separate lounge, and a spacious dining room. It offers three comfortable bedrooms (two with built-in cupboards) and a huge full family bathroom equipped with a shower, bath, basin, and toilet.
Granny Cottage: Providing excellent independence and rental value, the separate cottage features an open-plan lounge, dining area, and kitchen, two bedrooms, and a spacious bathroom with a shower, basin, and toilet. It is fully self-sufficient with its own prepaid electricity and water meters.
Future Potential: A significant bonus lies in the additional structure at the back of the property which can be renovated and converted into a second granny cottage, offering massive potential for further increasing rental income.
The massive yard is a true gem, featuring a beautifully cultivated garden with fresh vegetables, papaya trees, and pumpkin, a delight for any nature lover.
With abundant parking space, the enormous yard provides plenty of room to add a custom entertainment area, a pool, or further rental units, maximizing your return on investment.
This is a unique chance to secure a colossal piece of land on a prime road, delivering instant rental returns and boundless possibilities for expansion.
Whether you are an investor looking for cash flow or a developer seeking scale, this property is unmissable.
Contact me today to secure this high potential Sea View Durban asset!
Monthly Rates
R700
Features
Interior
Exterior
Sizes
Additional Amenities
Listing Info
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Tramaine Naidoo
Candidate Property Practitioner
Finance
Total Amount Repayable
R0,00
Monthly Repayment
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Disclaimer
While every effort will be made to ensure that the information contained within the Chas Everitt website is accurate and up to date, Chas Everitt 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.
