12 Bedroom House in Glenmore

R 15 500 000

Wendy Hoffman

Realty 1 Munster-Realty 1 - Munster

Pat Stone

Realty 1 Munster-Realty 1 - Munster

12 Bedroom House in Glenmore

R 15 500 000

12 Beds
8 Baths

A.SITHELA COUNTRY ESTATE R15,5MILL

A tranquil 14 hectare coastal estate on the beautiful KZN South Coast. Situated in Munster, 600m from the R61, 8km north of Port Edward, 11km from the Wild Coast and 22km south of Margate.

The Estate comprises five sub divisions totaling 14 hectares (35 acres) which includes lush sub-tropical bush and riverine vegetation as well as fruit trees, a nature reserve and a dam. The property is between 400 and 800m from the sea, adjoins the Thongazi River and has views of the Indian Ocean. There are 2 large houses, one guest house used for self-catering purposes and three small cottages.

The property is ideal for a Boutique Country Hotel, resort or various other types of development. Environmental and planning proposals have been made for an additional 24 freehold units with a floor area of 301 sq m x 2 storeys x 0.9 = 542 sq m each

(or a greater number of units if a sectional title development is chosen)

B.HILLSIDE DEVELOPMENT PROPERTY R7,5MILL

Above the dam on the western boundary, adjoining Sithela, is approx 4ha of open grassland on a hillside with a cluster of indigenous trees on the crest and good sea views. This property is available for development. Environmental and planning allow for approx 50 freehold units of 301 sq m each or 542 sq m gross (or a greater number if sectional title units are chosen).

C.AIRSTRIP AND SURROUNDING LAND - (NEGOTIABLE)

A further 8,5ha, including 500m grass airstrip, is available for possible negotiation.

D. NORTHEASTERN SECTION

This section, approx 3,6ha, is not on the market at present.

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Key Property Features

12
Bedrooms
8
Bathrooms

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Wendy Hoffman

Wendy

Hoffman

Pat Stone

Pat

Stone

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12 Bedroom House in Glenmore

R 15 500 000

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