Sale
South Africa

6

Beds

6

Baths

2

Parking

Apartment 8 beds 5 baths

About this property

Soon to be MANSION in Shelly Beach with sea views! This house is undergoing renovation to restore it to its full potential. The owner has already started restoration, replacing lights with elegant down lights, painting rooms and fixing the ceiling.

LOCATION: Superb location close to Shelly Mall in a quiet, established area with upmarket neighbours. Enchanting sea views with ocean breeze.

STRUCTURE: Comprises main 3-bedroom, 3-bathroom house plus 2 flats (1-bed and 2-bed). Strong, well-built structure with excellent bones.

MAIN HOUSE:

  • Spacious open-plan living and kitchen area with abundant natural light from windows and sliding doors
  • Lounge opens via sliding doors to large undercover balcony with built-in braai and high-pitched wooden beam roof
  • Spacious kitchen with ample cupboard space, kitchen door to back, and separate scullery with under-counter appliance space
  • Master bedroom with full en-suite bathroom, opens to separate balcony with sea views and undercover roof
  • Second bedroom (good size for queen bed), light and bright, shares 3rd bathroom with visitors (large shower)
  • Third bedroom with en-suite full bathroom, kitchenette, door to outside and undercover parking (suitable for bachelorette/older child/parent)
  • Large store room with garage door and sliding door (not suitable for car parking)
  • 2-space parking

GROUND FLOOR FLATS (income-generating potential, restoration in progress):

  • 2-bedroom flat with bathroom, kitchen, opens to patio with swimming pool (needs TLC)
  • 1-bedroom flat with bathroom and kitchen area Both flats can be rented out as additional income.

FEATURES: Stunning sea views, swimming pool, braai area, undercover parking, excellent natural light throughout.

Rooms & layout

Bedroom × 8
Bathroom × 5
Kitchen × 3
Scullery
Lounge
Garage × 2

Features & amenities

Sea viewsOcean breezeBraaiSwimming poolUndercover parkingBalconyOpen plan livingEn suite bathroomRental income potentialRenovation in progress

Price & ownership

Asking price R 1 900 000
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 1,9M
Taxes + legal + admin fees R 66,4K

Rough split: 96.6% purchase price, 3.4% buying costs.

  • Asking price R 1 900 000
  • Transfer duty (est.) R 27 786
  • Deeds Office (transfer) R 1 651
  • Conveyancing (est., incl. VAT) R 36 915
  • Deeds lodgement R 52
  • Total indicative R 1 966 404

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 17 942 /month

Total paid over 20 years (deposit + repayments): R 4 496 147

Deposit 10% · R 190 000
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 1 710 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

© 2026 Fermain Pty Ltd, trading as Yagr.