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Shelly Beach, Shelly Beach, Margate, KwaZulu-Natal
R 1 245 000
ATTENTION INVESTORS Shelly Beach is a prime spot for investment opportunities on the Lower South Coast due to the perfect location. Shelly Beach is the hub of the South Coast with 2 malls and a lot of different shops, restaurants and entertainment opportunities. Because of the location it is also very popular for permanent residence as well as holiday rental opportunities. This investment property was one apartment that was divided into two separate income generating units. Focusing on purely investment this property has two fixed income generating units with 1 Levy and rates expense. The division was done in such a way that it could easily be changed back to one unit. This corner unit offer great sea views and the perfect location right in central Shelly Beach, walking distance to Shelly Centre, Ski Boat Club or private secluded beach. The one apartment...
Estimated monthly repayment
R 11 757
on a R 1 120 500 bond over 20 years at 11.25%
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Shelly Beach, Shelly Beach, Margate, KwaZulu-Natal
Area view — the exact address is shared on enquiry.
Fair-value check
Fairly pricedIn line with comparable 3-bed apartments for sale in Shelly Beach
Based on 79 comparable listings
A market signal from comparable listings — not a formal valuation.