Sale
South Africa

3

Beds

2

Baths

1

Parking

Commercial 3 beds 2 baths

About this property

This unique commercial property offers the perfect blend of business and lifestyle – set right on the beach with uninterrupted sea views. The ground floor features a selection of shops, ideal for cafes, boutiques or small business that thrive on high visibility and foot traffic from beachgoers. Above the shops, the property includes comfortable accommodation – perfect for owners, managers or as an income-generating opportunity through holiday rentals. The property also includes a rondavel (one bedroom, kitchen and bathroom) and cottage (two bedrooms, bathroom, lounge, kitchen, study and single garage). Imagine waking up to the sound of waves and ending the day with sunset views over the ocean. With its prime beachfront location, versatile layout and excellent exposure, this property presents a rare opportunity to combine work, investment and seaside living all in one exceptional package.

Mtwalume is a small seaside town situated between Ifafa Beach and Hibberdene, South Coast Kwazulu Natal and well known for its never ending golden beaches, great fishing opportunities and beautiful rock pools. The warm waters of the Indian ocean make it perfect for swimming, surfing and snorkeling, and the peaceful environment make it a favorite destination for those seeking a tranquil holiday or for permanent living.

Rooms & layout

Room × 2
Bedroom × 3
Kitchen × 2
Bathroom × 2
Cottage Lounge
Cottage Study
Cottage Garage

Features & amenities

beachfrontsea viewscommercialshopsholiday rentalaccommodationrondavelcottageparking

Price & ownership

Asking price R 3 450 000
Municipal valuation -

Cost to buy (indicative)

Purchase type is not confirmed below. Transfer duty is estimated for a standard resale (not a VAT-inclusive developer or vendor sale). Check with the agent.

Upfront split

Property price R 3,5M
Taxes + legal + admin fees R 216,7K

Rough split: 94.1% purchase price, 5.9% buying costs.

  • Asking price R 3 450 000
  • Transfer duty (est.) R 156 856
  • Deeds Office (transfer) R 2 998
  • Conveyancing (est., incl. VAT) R 56 795
  • Deeds lodgement R 52
  • Total indicative R 3 666 701

Estimates from SARS transfer duty tables, Deeds Office–style fees, and LSSA conveyancing guidelines. Not financial or legal advice — confirm with your attorney. Duty uses the higher of price or market value.

Table ref: sars_2025-04-01

Bond Calculator

R 32 579 /month

Total paid over 20 years (deposit + repayments): R 8 164 056

Deposit 10% · R 345 000
Loan term 20 years
5 yr 30 yr
Interest rate 11.25% p.a.
5% Prime ~11.25% 20%

Monthly repayment vs interest rate (deposit fixed at 10%)

Monthly repayment vs deposit percentage (rate fixed at 11.25%)

Indicative estimate only. Loan of R 3 105 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.