Coastal lock-up-and-go living in central Margate, steps from Lucien and main beaches; fully furnished penthouse with expansive sea-view balcony ideal for braais and entertaining. Three bedrooms, two bathrooms.
SPACIOUS AND COMFORT WITH A VIEW
Margate’s heartbeat is tourism and holidays. It is one of the most popular holiday destinations on the South Coast. The long stretch white beach with restaurants and entertainment caters for every holiday maker. The location is central and near malls, hospitals and even the airport.
This fully furnished penthouse on the third floor offers space and great sea views overlooking other beachfront properties. The complex is less than 500m to the popular Lucien Beach and less than 1km from the main Margate beach. The two guest bedrooms are spacious with ceiling fans and complex views. The luxury main bedroom is spacious and have a sliding door to a private open balcony area with sea views. The open plan lounge, dining room and kitchen is specious, well laid out and the kitchen has a serving hatch to the entertainment room area that is part of the enclosed balcony. Enough space for a second lounge and dining area or entertainment. The big open balcony is ideal for entertaining and a braai with friends and family while smelling the ocean and hearing the breakers in the background.
This property tick so many boxes for different investment opportunities. It’s a starter home but also a perfect lock up and go opportunity. Consider an income generator investment with prime location. Let’s view this property and make your offer today.
Listed for sale at R1,275,000
Price reduced by 2.0% to R1,249,000
Price reduced by 1.9% to R1,225,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 38 listings in Margate Central
Insight
Priced close to the median for similar properties. On a price-per-m² basis, it is 26% below the median. Floor size is 36% larger than typical for similar homes.
Similar properties pricing
Key differences
Affordability
R 12,025 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
38 similar listings
Medium similar-home inventory in Margate Central
Median time on market: 235 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
Margate Central offers a vibrant coastal lifestyle with convenient access to beaches, amenities, and entertainment, making it an appealing place to live.
* Distances and amenities are approximate.