R6,750,000.00

Pennington, South Coast, Kwazulu Natal

Property Information

CODE : PP658
Asking Price : R6,750,000.00
Bedrooms : 6.0
Bathrooms : 4.0
Ownership : Freehold
Land Size : 2080m²
Garage : Yes
Parking : Yes
Pool : Yes


Description

Situated in a Coastal Village in Southern Kwazulu – Natal. Just off the main N2 freeway. The lodge is ±30 min drive from Durban International Airport with a world renowned Golf Course situated ± 1km from the Resort.
This is a newly constructed Lodge which opened up in June 2007. This property is been sold with a R1.5m world cup accomodation contract in place.
The land is 2080m² and it has entrances from two roads (Two plots of land). It is a Four Star RCI graded, Gold Crown Resort / Lodge. It has a perfect view of the Indian Ocean.
Cherrywood Lodge is a Tuscan styled gem and the Villa Oozes with Character and comfort, perfectly suited to those who have pure leisure in mind. Cherry wood Lodge consists of Three spacious luxury units which are all self catering for the perfect relaxing holiday.
Apartment 1:

I Bedroom Unit that sleeps

4 people.

Fully self catering equipped.

Main Bedroom: Double bed & Double sleeper couch in lounge.Private braai facility, Air-conditioned, Dstv & DVD player.
Beach is four minutes away.Serviced daily- except Sundays – no extra charge to guest.

Apartment 2

2 Bedroom, sleeps 6 people Fully self catering equipped.
Main Bedroom: Double bed. 2nd Bedroom: Two single beds.
Double Sleeper couch in lounge.Private braai facilities, undercover patio with furniture.Air-conditioned, Dstv, has a Jacuzzi inside the unit.

Apartment 3

3 Bedroom, sleeps 8 people. Fully self catering equipped.
2 Bedrooms en –suite.Main Bedroom: Double bed.2nd Room: Double bed with a single bunke 3rd Room: Two Single beds .Double sleeper couch in lounge, has a Jacuzzi inside the unit. Private braai facility, Air-conditioned, Dstv and DVD- Player.Serviced daily- except Sundays – no extra charges to guest.

Expansion Potential

There is room to build a further Two units: Two bedrooms, Two Bathrooms, sleeps 12 people


Other facilities include: Manager Room ,Game Room, Laundry ,Garages

There is a Swimming pool with wooden deck and undercover outside Jacuzzi.
Koi pond with 2 meter waterfall.
Night lighting in the full garden.
Irrigation on both stands. Approved Resort with R.C.I Frontiers for two years renewable for a period of another three years.

Bookings:



R.C.I frontiers rent all three units. Received payment on the 30th of each month for occupation during the current month.

General bookings full-up the weeks not occupied by R.C.I.

Note that the Lodge is Being sold at Asset Value Only.









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Contact the Agent

Yianni Pavlou » ++27 82 494 4555
[email protected]

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Please Note Due to the fact that the above information has been supplied to us by the property owners and other 3rd party organisations, Portfolio Property Investments will not be held liable or responsible for any errors, misrepresentations or omissions. Due to the nature of property transactions it is always advisable that any prospective purchaser or tenant undertake a thorough due diligence of their own.

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