R 7 700 000 | investment property for sale in shelly beach

Located along Marine Drive Shelly Beach on this popular stretch of the Hibiscus Coast kzn. This is certainly a prime commercial development spot, located on your busy main road entering in to Shelly Beach and St Michaels this massive 9621 square meter stand is already subdivided in to 2 stands 1 of which totals to 4944 and the other 4677. There are 4 outer buildings on the one stand and 2 on the other. The outer buildings consists of a small office which is just over 100 square meters which is currently generating an income of 7000 a month and a sizable 4 bedroom house which is generating close to 8000 a month besides this there is a small cottage too which can be rented out and 2 garages and a storage room. This prime commercial stand is zoned for both commercial and business and if one had to look at setting up office blocks along this massive stand these could certainly maximize the overall potential income. As there is such a demand for office and retail space needed in this very busy hub this would certainly be the ideal direction in terms of development!! Don't miss out call today to view!!