Coastal investment near Margate fishing pier and beach, ideal for holiday rentals or permanent living. Huge covered balcony with ocean views and lift access; three bedrooms, two baths.
INVESROR`S DREAM! This stunning apartment, WHEELCHAIR FRIENDLY ( because there is a lift ), is ideally located close to the Margate fishing pier AND the beach. This make it ideal as a income generator for holiday renting or permanent living. As you enter the front door, you feel the immediate impact of the ocean on your soul. The whole, open plan area of the kitchen/ lounge and dining area have the advantage of being infused by the blue ocean view. Super spacious and light, natural light shines in through the windows and glass sliding doors that opens to a mostly covered HUGE balcony. Here you can enjoy the shade whilst relaxing and reading a book, or sunbathing. Entertain your guests with the magnificent views whilst having a braai.
The 3 bedrooms are all super spacious and bright with the main bedroom en-suite to a full bathroom. The main bedroom also opens to said balcony and allows the ocean`s melody to carry you off to sleep. BLISS... All the bedrooms have built-in cupboards and are welcoming. The complex is EXTREMELY WELL SOUGHT AFTER, due the up-market vibe, the optimal location and it`s safe reputation. It is well maintained with automated gates, CCTV cameras, electric fence and security guards that are on duty 24/7 to check the whole complex and surrounds. There is a special security room with double secured entrances to the building. The apartment comes with one under the building parking and there are also plenty parking available at the back of the complex on a higher level, so that this apartment is just a step up. If you park in the under building parking, there is a lift that will swoop you up to the second floor to your apartment. This is an INVETMENT GALORE, INDEED! There are plenty of back-up water tanks even though this area seldom suffer from water problems. Furniture and appliances are included in the sale. With the location so perfect, shops, hospitals, schools and other amenities are not far away, neither entertainment and restaurants. Give me a call to arrange a viewing!
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R1,300,000
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 20% below the median. Floor size is 31% larger than typical for similar homes.
Similar properties pricing
Key differences
Market depth
38 similar listings
Medium similar-home inventory in Margate Central
Median time on market: 229 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 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.