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 R12 000.00 per month on a month to month basis
Shelly Beach (recognised as the business mecca of the Lower South Coast of Kwa-Zulu Natal) hosts 2 major shopping malls, private hospital, good restaurants, schools, ski-boat club and charters to the world famous Protea Banks Reef and pristine blue flag beaches.
A rare opportunity to capitalise on a secure future investment in the CBD of this popular resort town right on the Indian Ocean.
Contact me for more information.
Contact Agent
Need a home loan?
