INVESTMENT! 2 INCOMES AT 1 PRICE
Shelly Beach, Margate, KwaZulu Natal, KwaZulu Natal
Apartment
ZAR 1,245,000
- 3 bedrooms
- 2 bathrooms
- 92 sqm
ATTENTION INVESTORS Shelly Beach is a prime spot for investment opportunities on the Lower South Coast due to the perfect location. Shelly Beach is the hub of the South Coast with 2 malls and a lot of different shops, restaurants and entertainment opportunities. Because of the location it is also very popular for permanent residence as well as holiday rental opportunities. This investment property was one apartment that was divided into two separate income generating units. Focusing on purely investment this property has two fixed income generating units with 1 Levy and rates expense. The division was done in such a way that it could easily be changed back to one unit. This corner unit offer great sea views and the perfect location right in central Shelly Beach, walking distance to Shelly Centre, Ski Boat Club or private secluded beach. The one apartment offers a spacious open plan lounge, dining room and kitchen area with a covered patio and private braai area with a sea view. The bathroom is divided between a bath and shower. The main bedroom has sea views and the second bedroom are at the back. The second unit is spacious with one bedroom with sea views and a full bathroom. The…
