Ipahla Road - tenanted home earning income
Description
Ipahla Road is considered to be 'millionaire's row' in Athlone park, Amanzimtoti on the lovely KZN South Coast. Ipahla Road runs along the bluff and the properties are quite high above the beach with amazing sea views. The N2 and Galleria mall are minutes away with access to central Durban in 30 min and to King Shaka airport in 50 minutes. This home is tenanted as follows: - The main house is rented at R25 000 / month for all of 2025 and 2026 and the lease must be honored - There is an office space and studio rented to the owner at R10 000 / month - A one bedroom flat is rented at R7000 / month Income is R42 000 less rates of R4 600 or approximately R37 500 X 12 = R 450 000 p.a. This home is super spacious with extra large living areas and sleeping accommodation. The house itself is about 400 sq. m. There is a sprawling living area comprising dining, living room, open kitchen and breakfast nook that opens out to a large covered patio with built in braai, views and the extra large pool. You could entertain 100 people... or find a nook for a small group of friends or family. The pool is 25 meters long with views beyond. Get your exercise in this gorgeous pool. Upstairs are 3 bedrooms each with it's own bathroom. All three open onto a balcony or patio facing the pool and the sea. These rooms are HUGE, with more space than most can imagine. Both the living area and bedrooms are all sea facing and make the most of the elevated sea view vistas. This is a space from which to truly enjoy life! PLUS... work from home! Attached to the house is a 100 sq. m office space with easy access from the street and plenty of parking. It also faces onto the front garden with views and has it's own bathroom. This is big enough to turn into a 2 bedroom flatlet if that is your preference. PLUS... a one bedroom flat just 25 meters or so from the main house. This spacious apartment has an open plan kitchen and living room plus a separate and partly open bedroom and bathroom. Note this flat sits atop a four car garage so there are a few stairs to climb. PLUS... another smaller studio flat... on the garage level. PLUS...4 x double garages provide garaging for 8 vehicles. In addition there is more space between and at the end of the garages to park vehicles or a trailer. This property is owned in a CC and the Seller is willing to sell either the property or the CC. This Seller has made this home a fabulous space to be with all the conveniences you can imagine you might want. The location is superb and the views sublime. Call to make an appointment to view.
Features
- Above Road
- Yes
- Air Conditioner
- Yes
- Alarm System
- Yes
- Balcony
- Yes
- Bachelor Studio
- Yes
- Breakfast Nook
- Yes
- Built In Braai
- Yes
- Built in Wardrobes
- Yes
- Coastal Beach
- Yes
- Covered Patio
- Yes
- Dishwasher Connection
- Yes
- Double Storey
- Yes
- Electric Garage
- Yes
- Electric Gate
- Yes
- Extractor Fan
- Yes
- Eye Level Oven
- Yes
- En Suite
- Yes
- Entrance Hall
- Yes
- Fibre
- Yes
- Freestanding
- Yes
- Flatlet
- Yes
- Granite Tops
- Yes
- Office
- Yes
- Open Plan Kitchen
- Yes
- Secure Parking
- Yes
- Tiled Floors
- Yes
- Washing Machine Connection
- Yes
- Sea
- Yes
- Laundry
- Yes
- Guest Toilet
- Yes