Retail space in Shelly Beach

R 15 000 000

Lindy Botha

eXp South Africa

Retail space in Shelly Beach

R 15 000 000

Address: 494 old izotcha road
Land Area 1.5 ha

This level commercial land is positioned in the well sought after suburb of Shelly Beach, Kwazulu Natal, South Africa. It is the fastest growing commercial town on the coastal strip of the lower South Coast. The paradise of the Lower South Coast is a major tourist attraction both locally and internationally. With superb visibility from the freeway and the South Coast Mall, combined with easy access from the highway this is a supreme location.

The construction sector is gaining fast momentum in the local Municipal area, with the following as part of the proposed 5 year development plan: The Margate airport upgrade, internal infrastructure upgrade including an innovation centre, a multistory parking block, small craft harbor, Umzimkulu coastal river park and a government complex.

Upgrades of the following are also planned: Urban roads, storm water rehabilitation and pothole repairs, electricity infrastructure upgrade and the St. Michaels to Margate promenade development. The Department of transport is in the process of the N2 freeway Wild Coast Project in the Eastern Cape and the Lower South Coast which will increase the value of this property dramatically.

Permitted land uses include: Bed and breakfast, commercial workshop, guest lodge, hotel, launderette, parking garage, professional office, residential building, restaurant, self-catering units or shop.

With special consent: Backpackers, crèche, educational building, place of public amusement, place of assembly or place of worship, private recreational area, service industrial building, service station, storage warehouse, wholesale warehouse, health and beauty spa or tavern.

Price is Inclusive of VAT.

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Experience Margate

If you’re an avid fisherman, surfer or just someone that loves glorious beaches, coastal forests, magnificent coral reefs and endless sunny days, then the South coast is the place for you. The heart of the KZN South Coast, from Shelly Beach to Ramsgate, has a vibrant atmosphere yet very laid-back lifestyle. The area boasts an abundance of leisure and sporting facilities. People go to work dressed very casually, residents are surrounded by holiday makers, restaurants are always busy and beaches are always attractive.

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Retail space in Shelly Beach

R 15 000 000

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