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
Price reduced by 2.0% to R1,200,000
How this home compares with 30 active listings in Margate Central.
Insight
Priced 12% below the local median — but still inside the typical range for Margate Central.
It's larger than typical, which helps explain where it sits in the range.
Similar properties pricing
Key differences
Good value · based on 27 listings
Above-average space · based on 27 listings
Market depth
30 listings
Similar homes in Margate Central
188 days
Median time on market
Medium inventory
Active in Margate Central
Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Margate Central offers a vibrant coastal lifestyle characterized by its iconic blue-flag beaches, bustling holiday atmosphere, and convenient access to essential amenities, making it an ideal location for those seeking a relaxed seaside home.
* Distances and amenities are approximate.