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Relaxed seaside living in Shelly Beach with solid rental income — three freestanding homes on one 1,976m² stand and approved plans for a fourth; nine beds, six baths, three garages.
Coastal Dream Investment in Shelly Beach!
This exceptional property offers 3 freestanding houses on one stand — each featuring 3 spacious bedrooms, 2 modern bathrooms, a single garage, and an additional parking bay.
Approved plans are already in place for a fourth house, making this an incredible opportunity for expansion or added rental income.
Located in the sought-after coastal suburb of Shelly Beach, this property combines seaside charm with solid investment potential. Enjoy the relaxed coastal lifestyle while securing a valuable asset in one of the South Coast’s most desirable areas.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R7,500,000
Price reduced by 1.3% to R7,400,000
Price reduced by 6.8% to R6,900,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 102 listings in Margate (town)
Insight
Priced above the median for similar properties in the area.
Benchmark uses town-level data where suburb sample size is limited. Premium areas may trade above town averages - check with the agent for local guidance.
Similar properties pricing
Affordability
R 67,733 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
102 similar listings
High similar-home inventory town-wide (Margate)
Median time on market: 151 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.
