Situated in the heart of Shelly Beach with the entrance to the property on the main road through Shelly Beach , this valuable site is up for grabs !!!
IMPORTANT FEATURES AS FOLLOWS
- Positioned with direct access from Marine Drive, one stand away from MacDonalds.
- 4661sqm with sea views
- Zoned as Low Impact Use 1 approved by the Development Planning Services in Ray Nkonyeni Municipality
- Presently there is a 4 bedroom home at the top of the property , a 2 bedroom cottage and garages
- The Low Impact Use 1 zoning allows a fair spectrum of intelligent development choices a guideline of this spectrum will be available to interested investors, but includes Restaurant and Hotel
- All essential utilities are already in place on site
- Present rental income of R12000 per month on a month to month basis
Shelly Beach (recognized as the business mecca of the Lower South Coast of KwaZulu Natal) hosts 2 major shopping malls , private hospital ,good restaurants , schools , Ski-Boat club with charters to the world famous Protea Banks reef and pristine blue flag beaches.
A rare opportunity to capitalize on a secure future investment in the CBD of this popular resort town right on the Indian Ocean !!
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