Live coastal life with steady rental income in central Shelly Beach — walk to Shelly Centre, restaurants and a secluded beach; corner unit with sea views and dual-income configuration.
ATTENTION INVESTORS
Shelly Beach is a prime spot for investment opportunities on the Lower South Coast due to the perfect location. Shelly Beach is the hub of the South Coast with 2 malls and a lot of different shops, restaurants and entertainment opportunities. Because of the location it is also very popular for permanent residence as well as holiday rental opportunities.
This investment property was one apartment that was divided into two separate income generating units. Focusing on purely investment this property has two fixed income generating units with 1 Levy and rates expense. The division was done in such a way that it could easily be changed back to one unit. This corner unit offer great sea views and the perfect location right in central Shelly Beach, walking distance to Shelly Centre, Ski Boat Club or private secluded beach. The one apartment offers a spacious open plan lounge, dining room and kitchen area with a covered patio and private braai area with a sea view. The bathroom is divided between a bath and shower. The main bedroom has sea views and the second bedroom are at the back. The second unit is spacious with one bedroom with sea views and a full bathroom. The lounge dining room area leads out to a big, enclosed patio lounge area with sea views.
This self-containing income generating opportunity is ideal for a first-time investor. It could also be ideal for a pensioner looking for that additional income from the second unit as a permanent or holiday letting unit. The majority of this complex is holiday letting units. This is a unique purchase with lots of potential. Contact the agent today to find out more...
Listed for sale at R1,245,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 18 listings in Shelly Beach
Insight
Priced below the median for similar properties in the area. On a price-per-m² basis, it is 6% above the median. Floor size is 32% smaller than typical for similar homes.
Similar properties pricing
Key differences
Affordability
R 12,221 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
18 similar listings
Medium similar-home inventory in Shelly Beach
Median time on market: 288 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
Shelly Beach offers a relaxed coastal lifestyle with convenient access to shopping, beaches, and essential amenities, making it an attractive residential area.
* Distances and amenities are approximate.