Apartment for sale
Coastal investment and family retreat with direct beach access and ocean views, Airbnb-ready in quiet Margate enclave; proven rental income, four bedrooms, three bathrooms and covered parking.
Direct Beach access, proven rental income potential in a popular tourist complex for long term capital growth with ocean views. This 4 bedroom unit has best occupancy, with best premium rates and strong tourism and family booking potential. alternatively this is good for family living. This is a sweet spot location, modern Airbnb ready. lower yield but strong appreciation. Away from the hustle and bustle of the busy and sometimes bustling Margate CBD.
Listed for sale at R2,200,000
How does this home’s price compare with similar properties?
Price comparison based on 30 similar-sized 4-bed homes.
Insight
Priced 21% above the local median - but still inside the typical range across Margate.
Compared with 30 similar homes (32 listings) across Margate.
It's smaller than typical, which helps explain where it sits in the range. Benchmarked on town-level data where the suburb sample is limited. Premium pockets may trade above town averages - check with the agent for local guidance.
Around R1.5M typical in Lawrence Rocks (small sample of 4).
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Lawrence Rocks is a tranquil and scenic coastal neighborhood in Margate that offers residents a relaxed seaside lifestyle with convenient access to pristine beaches and local amenities.
