SOLE AND EXCLUSIVE MANDATE.
This PRIME Property is in Colchester and on the Sunday’s River with one of the best Locations. They always say LOCATION, LOCATION, LOCATION and you will battle to find a home with better views than this once in a lifetime investment opportunity. As seen with the Surveyor Diagrams attached, the two riverfront boundary pegs are in the Sunday’s River, which means that you have a Private Jetty with no pedestrians walking between your home and the river. Every now and then you will see the Kudu walking on the other side of the river and sometimes even Pink Flamingo’s. The Fish Eagle also have a nest in one of the trees across the river from this home and just imagine listing to their call while you sip on a drink on your deck next to the braai fire admiring the best view and sounds nature can offer. No wonder the locals call Colchester the hidden gem and their little paradise.
According to Briefly the current building cost in South Africa as follows:
R8000.00 to R13 000.00 per square meter for a high-end, market quality house and R20 000.00 per square meter and above for high-quality homes. Let’s just assume you are lucky and can still buy a vacant plot as close to the river for R2m and let’s assume you have a friend in the building trade that’s prepared to replace this upmarket and quality home with top end finishes at R13 000.00 per square meter, then that will cost you in the region of R8 600 000.00 to replace the 512m² home. Unfortunately, they do not build or develop any new rivers, which makes this a unique investment opportunity.
If you are looking for a lock up and go holiday home, then this is the perfect property because the owners are perfectionists, and you will not have to do a thing to this home with all things in place and working 100%. The face brick finish means that you will not have to spend a lot on maintenance, and it gives a beautiful appearance from the river as well.
The home has a warm and cosy feel with a lovely flow with open plan living and views to die for. The Kitchen have stacking doors and windows leading out to the deck and braai area for those nice sunny days with no wind and then also out to the back patio area for those windy days where you can then relax next to swimming pool protected from the wind. The lounge area leads out to the deck as well with stacking doors with a separate open plan TV room and study next to it if you are one of those fortunate people that can work from home. There’s two bedrooms on the ground floor sharing a bathroom with a separate toilet, lounge and kitchen area which can be rented out separately should you wish with its own private entrance as well. Upstairs on the riverfront area there is another three bedrooms with amazing views over the river and two of the rooms sharing a bathroom with the main bedroom with its own bathroom and dressing room. At the back on the second floor, you will find another two bedrooms sharing a bathroom and one of them with stunning views over the river as well.
You also have a very big double garage with a separate workspace which can be converted into another bedroom if you don’t need the workspace. There are just too many things to mention with this property and you need to see it to appreciate it and then you will realize that you get a lot for your hard-earned money with this asking price.
We do have an agreement in place with the owners that we will only show their home to potential buyers who’s prepared to provide proof of funding. Contact Bertie van Deventer today to arrange your viewing whilst the opportunity knocks on your door to become the proud owner of this gem on the river.
- Property Type House
- Building Size 512m²
- Stand Size 1,188m²
Interested in property 2034017? Please fill in your details below, and we will contact you as soon as possible.
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