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R14,000,000

Monthly Bond Repayment R151,718.99
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R4,490

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.

Features

5
4
3
Pets Allowed
Yes
Interior
Bedrooms
5
Bathrooms
4
Kitchens
1
Reception Rooms
2
Studies
1
Furnished
Exterior
Garages
3
Carports / Parkings
1
Security
Yes
Flatlet
1
Domestic Accommodation
1
Pool
Yes
Sizes
Land Size
53,927m²
Extras
24 Hour Access • Alarm System • Accommodation • Cooling Fans
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Harcourts South Africa website is accurate and up to date, Harcourts South Africa makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

151,718.99

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