Albersville , Anerley , Beacon Rocks , Grosvenor , Lawrence Rocks , Louisiana , Manaba Beach , Marburg , Margate , Melville KZN , Merlewood , Murchison , Oslo Beach , Port Shepstone , Ramsgate , Sea Park , Shelly Beach , Southport , St Micheals on Sea , Sunwich Port , Umtentweni , Uvongo
*SOLE MANDATE*
A Rare Investment Opportunity Offering Multiple Income-Generating Units
This substantial property in Shelly Beach presents an excellent opportunity for investors looking for a property with strong income-generating potential, multiple independent living spaces and generous [hidden];
Set on an impressive 5,034 sqm erf, the property comprises a spacious three-bedroom main residence together with several additional apartments. The configuration offers excellent flexibility for rental income, extended family accommodation or a combination of residential and investment [hidden];
MAIN HOUSE
The comfortable main residence offers:
• 3 bedrooms
• 2 bathrooms
• Well-appointed kitchen
• Separate dining room
• Spacious lounge
• Guest toilet
• Laundry room
• Pantry
• Air conditioning
• Balcony and patio
• Beautiful sea views
ADDITIONAL RENTAL ACCOMMODATION
The property includes a range of separate apartments, providing multiple potential rental income streams:
• 2 x two-bedroom flats, each with 2 bathrooms
• 2 x one-bedroom flats, each with 1½ bathrooms
• 1 x additional separate two-bedroom apartment
This unique configuration gives the property significant investment appeal. With several independent units on one erf, an investor has the opportunity to generate rental income from multiple tenants while retaining the main house for personal use or additional rental [hidden];
EXCELLENT OUTDOOR SPACE
The expansive 5,034 sqm grounds offer plenty of room and privacy. The property is fully fenced and includes paved areas, access gates, two garages and water [hidden];
KEY FEATURES
• 5,034 sqm erf
• Main house with 3 bedrooms and 2 bathrooms
• 2 x two-bedroom, two-bathroom flats
• 2 x one-bedroom, 1½-bathroom flats
• Additional separate two-bedroom apartment
• Multiple potential rental income streams
• Sea views
• Two garages
• Air conditioning
• Laundry room and pantry
• Balcony and patio
• Fully fenced grounds
• Paved areas
• Water tanks
• Pet-friendly
• Secure access gate
• Convenient Shelly Beach location
A PROPERTY WITH SIGNIFICANT INVESTMENT POTENTIAL
Properties offering this number of separate accommodation options are seldom available. The combination of a substantial main residence, five additional apartments, sea views and over 5,000 sqm of land creates an attractive proposition for investors seeking multiple income [hidden];
The property also offers excellent potential for extended family living, holiday accommodation or a combination of permanent and short-term rentals, subject to the relevant municipal requ