R 4 950 000
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Retail space in Shelly Beach

2 537 m²

4 Sectional title units selling as one. All units are tenanted and generates a stable rental income. The Fish and Dive Shop are semi-detached and free standing from the main building. The restaurant is on the ground floor of a mixed use commercial building, with individually owned holiday flats on the 1st and 2nd floor. It has additional holiday and permanent residents in close vicinity. It is located on the desired St Michaels swim beach with sea and river views. Good exposure from the main road. Only a short distance to Shelly center and other amenities. The 3 businesses are well-loved by locals and holiday makers.

The selling price does not include VAT. Can be sold as a going concern to a VAT vendor.

Contact Suzette van Wyk for an appointment to view.

Property details

  • Listing number T3522612
  • Property type Retail
  • Erf size 2 537 m²
  • Rates and taxes R 9 840
  • Levies R 13 880

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