FEATURED
Web Ref RL957078
R5,000,000
Monthly Bond Repayment R53,321.48
Calculated over 20 years at 11.5% with no deposit.
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R2,233.78
R2,233.78
Prime Development Land in Shelly Beach: Ideal for Residential or Commercial Projects
This prime vacant land in Shelly Beach offers an exceptional development opportunity, located adjacent to the Shelly Beach Shopping Mall and Shelly Hospital. Spanning a reasonably flat area, the land provides a distant sea view, adding appeal to potential residential or commercial projects.
With its prime location, this property is ideal for a range of developments, including a small exclusive residential estate, retirement units, step-down hospital care facilities, or medium-cost housing. Substantial environmental work has already been completed by the seller, and the council has indicated the possibility of constructing a six-story complex, subject to meeting regulatory requirements.
The property also presents the option for commercial zoning, offering flexibility for various types of development. Additionally, there is potential to arrange direct access to the mall, depending on the final plans for the site.
With its strategic position next to key amenities, this vacant land is a rare opportunity in Shelly Beach, offering excellent potential for developers looking to capitalize on the growing demand for residential and commercial properties in the area.
With its prime location, this property is ideal for a range of developments, including a small exclusive residential estate, retirement units, step-down hospital care facilities, or medium-cost housing. Substantial environmental work has already been completed by the seller, and the council has indicated the possibility of constructing a six-story complex, subject to meeting regulatory requirements.
The property also presents the option for commercial zoning, offering flexibility for various types of development. Additionally, there is potential to arrange direct access to the mall, depending on the final plans for the site.
With its strategic position next to key amenities, this vacant land is a rare opportunity in Shelly Beach, offering excellent potential for developers looking to capitalize on the growing demand for residential and commercial properties in the area.
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Shelly Beach, Margate
Welcome to Margate, a charming coastal town on the KwaZulu-Natal South Coast of South Africa. Margate offers a delightful blend of seaside relaxation and dynamic urban living.Margate is famous for its stunning coastline, golden sandy beaches and warm Indian Ocean waters. The main beach, a Blue Flag beach, is perfect for swimming, sunbathing, and water sports. Lifeguard-patrolled and equipped with amenities, it’s a...
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