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R2,000,000

Monthly Bond Repayment R20,643.77
Calculated over 20 years at 11% with no deposit. Change Assumptions

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FROM NOW TO WOW | RARE INVESTMENT OPPORTUNITY

Fixer-Upper with Breathtaking Sea Views | Shelly Beach / 938m²
3 Bed | 1 Study | 2 Bath | 1 Batchelor Flat | RARE INVESTMENT OPPORTUNITY

This is your chance to own a spacious, sea-facing property in Shelly Beach, one of the most desirable and secure coastal suburbs on the South Coast. With uninterrupted 360° ocean views, this home offers the perfect foundation for a luxury renovation or high-return investment.

Key Features:
✅ Panoramic sea views from the lounge, main bedroom, and guest rooms
✅ Three large bedrooms with built-in cupboards
✅ Two bathrooms in need of modernising
✅ Study or 4th bedroom option
✅ Spacious lounge opening onto a covered patio
✅ Generous kitchen with dining area—ready for a complete redesign
✅ Bachelor flatlet with private entrance, open-plan kitchen/lounge, bathroom, bedroom with walk-in closet, and covered patio
✅ Double garage
✅ Water tank included
✅ Full security system installed
✅ Precast boundary wall (requires some repair)
✅ 938m² stand with extension potential – Zoned for double-storey development

Bonus Income Opportunity
Main house is currently tenanted until 30 June 2025, providing immediate rental income as you plan renovations.

Built to Last
Constructed in 2005 by the current owner—owner of a reputable construction company—this one-owner home has solid bones and timeless potential.

Why You'll Love It
The location is unbeatable, the views are priceless, and the potential is enormous. Whether you're a visionary homeowner or savvy investor, this is the ultimate coastal project with room to grow and make your mark.

📍 Location: Shelly Beach, KZN
📐 Size: 938m²
🛠 Condition: Fixer-upper – cosmetic updates needed throughout

Serious buyers and investors—don’t miss this chance. Schedule a viewing and imagine what’s possible. I look forward to your interest in booking a viewing.

Features

3
2
2
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Reception Rooms
2
Studies
1
Exterior
Garages
2
Carports / Parkings
4
Security
Yes
Flatlet
1
Sizes
Land Size
938m²

In the news

🌊 Join Us for a Beach Cleanup Day! 🌊
Call Gert 0844109242 for more info 🗓 Date: Saturday, 21st September 2024 📍 Where: 1 Bank Street, Margate ⏰ Time: 8:30 for 9 AM (2 hours) Let's come together to keep our beautiful coastline pristine! Grab your...
 
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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

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

20,643.77

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