53,927m² Small Holding For Sale in Shelly Beach
R14,000,000
Monthly Bond Repayment R149,300.15
Calculated over 20 years at 11.5% with no deposit.
Web Ref No RL2110
5.65 HA Investment for Sale in Shelly Beach
Situated on the lower south coast of KZN, this stunning property is situated in the heart of nature and yet it is only 1.5 kms to the South Coast Mall and a further 2.5 kms to the ocean.
Currently generating a high income primarily from the large amount of tenanted dwellings, the property also features two resorts, one of which caters for camping and caravans and a self-catering resort, which includes 2 x six sleeper units, 2 x four sleeper units and 3 x two sleeper units, all of which are furnished.
The self-catering resort is set around a bass dam, and includes a private rock pool (with waterfall) and fire pit/boma. All of the units are currently rented, however this resort can easily be converted back for use in the tourism/hospitality industry.
The caravan park has 36 treed stands with 220v electricity, water points and braai areas. The sites are set around a dam stocked with bass and tilapia. The ablution block features separate showering facilities for both men and women plus two lockable private bathrooms, all serviced by solar and gas geysers. There is a games room, large swimming pool, gazebo and jungle gym.
There is a beautiful main house with 5 x bedrooms, 4 x bathrooms and pool.
There are a further 6 x two bedroom houses and 2 x three bedroom houses (one with a pool), all of which are fully fenced and gated, plus 4 x bachelor units – all properties are occupied by long term tenants.
The property also features stables and tack room, workshop, office and staff accommodation.
Much of the land is paddocked with white vinyl fencing and there is scope for further development.
This property is a unique investment which provides diverse revenue streams and the potential for future growth.