A PRIME OPPORTUNITY IN BALLITO: EXPANSIVE FREE-STANDING HOME WITH ENDLESS POTENTIAL
R6,600,000
11 Compensation Beach Road South
Monthly Bond Repayment R69,250.90
Calculated over 20 years at 11.25% with no deposit.
Web Ref No RLS946685
A PRIME OPPORTUNITY IN BALLITO: EXPANSIVE FREE-STANDING HOME WITH ENDLESS POTENTIAL
This free-standing home, currently operating as a thriving guest house for short-term bookings, offers an array of possibilities for the discerning buyer. Whether you're seeking a permanent residence, aiming to maximize your income as an Airbnb investor, or considering re-zoning for commercial rights this property has it all. Nestled on this expansive property, the main house features 4 bedrooms, 3 bathrooms, and a study, providing ample space for comfortable living.
The addition of a separate garden cottage and staff quarters at the back of the property adds versatility to the arrangement. Enjoy the relaxed coastal lifestyle in this double-level beach house, complete with a spacious entertainment area, a well-manicured garden, a sparkling swimming pool, and captivating sea views. The lower level comprises a generous living room, a separate dining room, and a well-equipped kitchen with a gas hob and convenient access to the back garden and courtyard. Step out from the living room onto a large undercover patio and braai area, with a private garden space and a fenced-off pool, perfect for outdoor gatherings.
The upper level of the main house accommodates three well-sized bedrooms and two bathrooms, with two of the bedrooms offering balcony access and breathtaking sea views. An additional fourth bedroom with patio access and a separate bathroom is situated on the lower level. Beyond the main house, a separate cottage with a private braai area and patio provides a cozy retreat for guests. This property also boasts a double garage, air-conditioning, and staff accommodation. The icing on the cake is its unbeatable location, just a short walk from the beach and popular Ballito restaurants.
In 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 .Easy walking distance to many restaurants and pubs. These units are ideal properties for holidays, investment letting as well as permanent seaside homes.