Retail space in Shelly Beach
R 7 000 000
Land Area 2537 m²
Rates R 9900
Levy R 13900
This sectional title commercial building is located on the ever popular St Michaels beach, always teeming with holiday makers and locals.
4 units are up for sale, being sold as one, all with reliable long term tenants, generating a steady monthly income.
The units are all ground floor level housing the popular restaurant and bar, fish shop and dive shop, all very established and well patronised.
There are individually owned sectional title flats on the top 2 floors and many holiday complexes and locals in the vicinity that all support the businesses.
Perfect opportunity for the investor as the location is excellent, on the main road and with the Shelly Centre within walking distance.
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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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