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R14,500,000

5 bedroom house for sale in Compensation Beach

5 Beds
5 Baths
550m²
1,081m²
Pool
Pets Allowed
Prime Location - Separate Duplex With Second Pool

EXCLUSIVE MANDATE

This multi-purpose home is the final product born from a brilliant vision; recognizing the incredible position and lifestyle opportunity on offer, the homeowners made the bold call to demolish the previous cottage they had just acquired and make use of every available inch of space to maximize this stand's potential. Set on a quiet road just a stone throw away from the beach, 500m away from some of the finest sea facing restaurants and cafe's Ballito has to offer, the potential for incredible ocean views and access to pristine beaches; all of this on a road that would welcome yet another upmarket build to further expand of the prestige of this enviable locale . And so the property that is on offer today caters to almost every need you would expect or even hope for from an upmarket coastal home. From a secure, spacious and comfortable family home that even caters to extended family, to an owner occupied guesthouse without sacrificing on personal space, privacy or grandeur to an upmarket Boutique Hotel or a holiday home to capitalize on the formidable short term market. The property has been so carefully conceptualized to ensure that there are no limits to your choices and in doing so have ensured that there will always be a demand and market for this diverse luxury offering.

The first thing you notice on entry is the exquisite curb appeal and manicured gardens, high walls and obviously well considered security, with a comfortable driveway entrance that levels out in front of 4 garages, whilst still offering enough space for a deep sea fishing boat or Jet Ski's to park comfortably, which you can literally launch 300m down the road. Heading up one floor we have the heart of this home. A grand open plan living area serviced by a cozy lounge and entertainers kitchen with captivating sea view. As you get drawn out to the tranquil undercover patio you cant help but let your mind wonder, imagining the laughs in the functional bar area, winter nights around the Boma pit with the sound of waves crashing in the background, Summer Braais around the pool or intimate conversations with an enchanting backdrop. On this floor you will also find the main bedroom a generous space with open plan bathroom and ample cupboard space; not to mention what we like to call the coffee and rusk view, a sea view from your bed. There is an internal staircase that connects the living areas and primary to the 3 en-suite bedrooms upstairs. Making this an idyllic 4 bedroom 4 bathroom family home. Alternatively a security roller door can be closed in the hallway to separate 2 of the upstairs bedrooms, Allowing the potential live in guest house owners to use one room upstairs as a home office , with external access given to the remaining 2 rooms, each fitted with heat and eat stations/coffee stations and bar fridges, catering to individual room letting options. Having covered 4 rooms so far that leaves 2 left. The first of which is not accessible from the primary residence, but externally, an open plan bedroom with kitchenette and en-suite bathroom. Practically this room would work perfectly for staff or on site managers, however due to the quality of the finishes and independent features it will also appeal to business commuters with letting potential. The last but definitely not least captivating accommodation is the detached duplex, boasting its own pool and entertainment area, downstairs living and kitchen area with a bedroom and bathrooms that almost rivals the primary. In fact The privacy and space of this charming cottage is an alternate option for live in owners who would prefer to stay on site and rent out the entire home to guests and practically be invisible to them whilst still living your best life.

A must see for the discerning investor.

Property Type
House
Bedrooms
5
Bathrooms
5
Stand Size
1,081m²
Building Size
550m²
Living Area
2
Covered Parking
6
Pool
Yes
Pets Allowed
Yes
Reference
7002001-58469
Property history
Listed for sale at R15,900,000
01 Sep 2024
Price reduced by 8.8% to R14,500,000
16 Oct 2024
Get to know Ballito
Nestled between the lush rolling hills of KwaZulu Natal and the warm waves of the Indian Ocean, lies Ballito - the perfect location for a year-round summer atmosphere.
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