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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