Opening Bid
R16,000,000

Investment

LOT 134

1974 Beach Road, Shelly Beach

  • GLA
    1,556m2
  • No. of Stories
    2

Online Auction
08 Oct 2020 - 08 Oct 2020

Auction will start in:
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Property Description


HIGHLIGHTS


ACCOMMODATION


WEBSITE

https://www.tahitisands.co.za/


THE STORY

Situated along the South Coast and a pebble throws away from the beach, this Freestanding Hotel offers a unique opportunity for a business investor to add their touch to this well-established hotel which sits on the ocean’s doorstep.

The holiday accommodation provides an aura of spacious relaxation, with the hotel consisting of 10 spacious units, with all featuring 3 bedrooms and 2 bathrooms, patio and braai in each. Amenities included a swimming pool, jungle gym, laundry room, and direct access to the beach.

The hotel is fully secure with the permitter being walled and controlled access being maintained due to the automated gate, with each unit containing a double lock-up garage. A reception area welcomes guests who love to flock to this popular hotel.

The area of Shelly Beach has many unique drawing cards for guests, situated along the stretch of coastline known as the Hibiscus Coast, Shelly beach is rich in natural attractions such as Skyline Nature reserve and the abundance of sea life found in the warm waters. Shelly Beach offers some of the most spectacular coral reefs found in South Africa, with divers across the world adventuring to the area due to the large game fish and endangered shark species.

Tourist who seek a break from the beach can head to The Shelly Shopping Centre, which is less than 1km away from the Hotel, with the mall featuring an array of shops, restaurants as well as a cinema. 

Due to the position of this hotel and fortified by Shelly beach becoming one of the fastest developing commercial and residential towns within KZN, you are set for success and an excellent return on your investment is achievable with the right business savvy mind.


VIEWINGS: Contact Daniel Martins (details below) for more information or to arrange a viewing

REGISTRATION FEE: R50 000 (refunded immediately if not winning bid)

BUYERS PREMIUM: 3% ex VAT

NOTE:

Please note the following will be required to register to bid:






DISCLAIMER: No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidStream or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidStream or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidStream or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, or inaccuracy of description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidStream or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidStream or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidStream or the vendor.

Legal Documents

Photos


Contact

 

Daniel Martins
[email protected]
BidStream
071 971 8077
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