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700 Mitchell Street, Shelly Beach, Margate, KwaZulu-Natal
R 2 100 000
Discover this fully furnished holiday accommodation offering an excellent income-generating opportunity, all within walking distance of the beach. This spacious property boasts seven comfortable bedrooms and seven bathrooms, making it perfectly suited for holiday guests. Ample open parking is available at the front of the property, while the inviting undercover patio provides the ideal space to unwind after a relaxing day by the sea. As you enter, a central hallway connects the accommodation. The main house consists of six well-appointed bedrooms, each with its own en-suite bathroom, while a separate outside unit offers an additional bedroom with its own bathroom and toilet. An interleading office and caretaker's unit, complete with a double bed, ceiling fan, shower, and toilet, is conveniently positioned on the property. Guests can enjoy a communal dining area with a compact kitchen, ideal for serving breakfast. A spacious wooden deck offers lovely sea views and provides a wonderful setting for guests to relax and entertain. While the deck requires a little TLC, it offers tremendous potential to be restored into a standout feature of the property, further enhancing its appeal and value. The garden features sturdy concrete tables and benches, creating a pleasant outdoor entertainment area, while a JoJo water tank is situated at the rear of the property. Bedroom 10, located to the right of the entrance, includes a double bed, TV, air conditioning, an en-suite shower and toilet, and overlooks the front garden. Along the corridor are the remaining guest rooms, all with private bathrooms. Bedroom 6 features a double bed, TV, air conditioning, shower, toilet, and views of the front garden. Opposite is Bedroom 9 with two single beds, TV, air conditioning, shower, toilet, and views of the back garden. Further down is Bedroom 7, offering a double bed, TV, air conditioning, an en-suite bathroom, front garden views, and its own undercover patio. At the end of the passage, Bedroom 8 is beautifully appointed with a double bed, TV, air conditioning, shower, toilet, front garden views, and a private undercover patio. The property also includes a fully functional laundry, allowing the owner to comfortably live on-site while generating an income from the established holiday accommodation. Situated in the ever-popular Shelly Beach on KwaZulu-Natal's Lower South Coast, this property enjoys close proximity to pristine beaches, shopping centres, restaurants, and a host of local attractions. Whether you're looking to expand your investment portfolio or step into the hospitality industry, this established guest accommodation presents an exceptional opportunity with endless potential. Don't miss the opportunity to own this well-established holiday accommodation in one of the South Coast's most sought-after coastal destinations.
Estimated monthly repayment
R 19 831
on a R 1 890 000 bond over 20 years at 11.25%
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700 Mitchell Street, Shelly Beach, Margate, KwaZulu-Natal
Area view — the exact address is shared on enquiry.
Liivra AI market value
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Listed by
Lindiwe Mahlangu
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