5 Bed House in Colchester

SOLE AND EXCLUSIVE MANDATE

Welcome to this exceptional 5-bedroom, 4-bathroom home in the coveted area of Cannonville, nestled along the picturesque banks of the Sundays River. Boasting breathtaking views of the dunes and river, this property offers a truly idyllic setting. While some tender love and care is required, the asking price has been thoughtfully set well below the recent sale value of riverfront properties in Colchester.

Positioned strategically, this home presents a blank canvas for the visionary investor seeking to undertake upgrades and renovations. The double garage seamlessly connects to an indoor swimming pool adorned with water features and an entertainment area, reminiscent of a luxurious man cave. Additionally, there are four carports that can be effortlessly converted into a flatlet, providing an opportunity for extra accommodation and generating short- or long-term rental income. Alternatively, the double garage can be transformed into two additional bedrooms adjacent to the indoor swimming pool.

Upstairs, two bedrooms each feature their own private balconies, en-suite bathrooms, and mesmerizing views of the river from the main bedroom. Downstairs, three bedrooms offer comfortable living spaces, with two of them sharing a bathroom and sliding doors that open to the back garden perfect for creating charming AirBnB rooms. The room adjacent to the enclosed veranda also offers partial river views and has its own bathroom, seamlessly flowing into the open plan kitchen and dining area. The indoor braai and entertainment area provide an inviting space that leads out to a deck with awe-inspiring views.

In sync with recent coverage in the Sunday Times on 10 December 2023, the burgeoning Coega Harbor and Industrial Zone (IDZ) has emerged as a magnet for international investors, creating a plethora of promising job opportunities. Positioned within a mere 15-minute drive to the Coega IDZ and just 5 minutes away from the renowned Addo Elephant National Park, this property presents a unique investment opportunity.

Do not miss the chance to explore this remarkable investment opportunity on the Banks of the Sundays River. Contact Bertie van Deventer today to schedule your private viewing.