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2D Edward Place, Ballito Central, Ballito, KwaZulu-Natal
R 10 950 000
DREAM COASTAL BEACH HOME OFFERING A LUCRATIVE INVESTMENT OPPORTUNITY IN PRIME LOCATION **SOLE & EXCLUSIVE MANDATE TO SEEFF**Welcome to Compensation Beach, where luxury and beachside living merges seamlessly in this beautiful new listing. Boasting direct beach access, this property offers the epitome of coastal living. With its prime location and earning potential, it presents a great opportunity to generate a significant income. Furthermore, there is room for expansion and development, allowing you to further capitalize on its potential.This exceptional property features a captivating open-plan living space with a renovated kitchen, modern appliances, and ample storage. The enclosed patio is an outdoor haven with a braai area, ideal for enjoying the sea breeze.There are five generously-sized bedrooms, providing accommodation for family and guests. The bathrooms showcase modern design and high-quality finishes. For relaxation, the air-conditioned lounge and tastefully furnished dining room create a warm and inviting ambiance. Comprehensive security measures ensure your safety and peace of mind. The property also offers a martini pool and breathtaking beach views from the main bedroom and guest room.If you''re considering this property as an investment, it currently serves as a highly successful holiday letting home. Its prime location and earning potential offer a great opportunity for generating income. Additionally, there is room for expansion and development to further capitalize on its potentialIn terms of location, the property is close to Rock Tidal Pool, the Compensation Beach Promenade, and Clarke Bay. It provides easy access to renowned restaurants, shopping centers, and amenities. Compensation Beach is renowned as one of the top KwaZulu-Natal beaches, set against a backdrop of holiday accommodation and tourist facilities. It is the main beach of Ballito and is a prime getaway for the whole family. In recognition of its gorgeous setting, safe conditions, and excellent amenities, Willard Beach has been awarded as one of the few Blue Flag beaches in the country. The 2.5 km Ballito Promenade is one of the greatest tourist draws, stretching from Willard Beach to Salmon Bay. Located along this promenade is a diverse range of sectional title apartments offering sea views, direct access to the walkway, and easy walking distance to many restaurants and pubs. These units are ideal properties for holidays, investment letting as well as permanent seaside homes. Show more Show less
Estimated monthly repayment
R 103 404
on a R 9 855 000 bond over 20 years at 11.25%
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Fair-value check
Fairly pricedIn line with comparable 5-bed houses for sale in Ballito Central
Based on 39 comparable listings
A market signal from comparable listings — not a formal valuation.
2D Edward Place, Ballito Central, Ballito, KwaZulu-Natal
Listed by
Sipho Adams
Unclaimed listing — claim it to verify
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