R 4 950 000
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Retail space in Shelly Beach
2 537 m²
Commercial Property On The Beachfront
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.
Property details
- Listing number T5112048
- Property type Retail
- Listing date 11 Jun 2025
- Land size 2 537 m²
- Rates and taxes R 9 900
- Levies R 13 000