A stunning investment property right on the beach

R 8,500,000

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6 months ago97 views
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General Details
Location:
Description
This beautiful property is situated in the heart of Shelly Beach, nestled amongst beautiful Milkwood trees on the beach. This is a really well known holiday letting establishment on the lower South Coast, having been in business for many many years with a great track record when it comes to the holiday letting business and in particular with repeat bookings.

The property consists of 9 full self catering units, each with their own private covered patio and built in braai facility, kitchen, lounge and/or dining room and varying in sizes and bedrooms. There is also a pool on the property, direct beach access, plenty of parking for cars and even boats/trailers.

There are two ladies that live on the property who service all the units. Bookings are done on their own website but also on various holiday letting websites such as Where to Stay and Safari Now. Plenty of back up water installed, Fibre and the property is being sold inclusive of all the furniture and fittings.

The location of this property is also second to none, within a short walk to the Shelly Ski Boat club, the malls, the Shelly private hospital and the many other amenities and restaurants round.

Property Reference #: TPC468

Agent Details:
Melissa Flanagan
Tyson Properties
112 Main Road
Shelly Beach
KZN South Africa
4270

Id Subtitle 1243995324
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Estimated monthly repaymentR 92,116
Total property loan amountR 8,500,000
Total interestR 13,607,625
Total repaymentR 22,107,625
Interest rate at 11.75% for 20 years *
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Tyson Properties
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