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R8,500,000

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R4,500 Excl. VAT

750m² Building For Sale in Shelly Beach

BEACHFRONT INVESTMENT NOT TO BE MISSED

Do you want to retire and augment your income? Out of bed, and onto the beach.

This self-catering holiday complex is a popular holiday destination in Shelly Beach, literally 3 minutes to hospitals, local malls and schools. There are 9-tiled cottages, with 22 bedrooms and 13 bathrooms all-in-all, each having an open planned kitchen, each unit having different combinations of bedrooms and bathrooms, some having their own covered patios, with their own braai areas. Live in the large cottage, over-looking the ocean and make a comfortable income from the others.

A fenced communal swimming pool, an office, staff courters, laundry room. The complex is fully-walled with back-up water. There is a covered, communal braai area that over-looks the ocean.

The property is sold excluding VAT and as a going concern. View by appointment only. Call me on my shell phone !!

Features

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Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
750m²
Land Size
3,500m²
Extras
9 cottages,  • 22 bedrooms,  • 13 bathrooms,  • 9 open plan Lounge/diningrooms,  • 9 kitchens,  • Communal pool,  • Office,  • Staff Quarters,  • Laundry,  • Back up water,  • Fans,  • Covered deck with amazing Ocean views,  • Braai area

Shelly Beach, Margate

Shelly Beach is the central shopping hub of the lower South Coast of KwaZulu-Natal. This upmarket suburb has beautiful homes, gated eco-estates and secure complexes as well as a large number of beach front and holiday apartments. The area is highly sought after for retirees and for investment. Shelly Beach is home to the Shelly Beach Ski Boat club and the famous Protea Banks diving spot and is close to St...
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In the news

Spotlight on: KZN South Coast
The South Coast of KwaZulu-Natal, always a popular holiday destination for South Africans, has recently also begun to attract more attention from those seeking to semigrate from SA's big metros to smaller country and coastal...
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Chas Everitt International Property Group website is accurate and up to date, Chas Everitt International Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

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Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

118,293.60

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