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Beachside investment and year-round holiday retreat on Main Margate Beach, offering open-plan living, breathtaking sea views and secure complex with three bedrooms, two bathrooms.
Spacious Penthouse with a view
Margate will always be one of the most reliable and affordable holiday destination and a perfect Investment opportunity. The location and beaches are popular with all holiday makers right through the year.
This Penthouse is on the Main Margate Beach in a secure complex. The bottom 2 floors of the complex is commercial space with basement secure parking. 24 Hour guards and surveillance safety is priority. The apartment is spacious with breathtaking sea views, spacious open plan living and three bedrooms with two bathrooms
Listed for sale at R2,000,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 39 listings in Margate Central
Insight
Priced above the median for similar properties in the area. On a price-per-m² basis, it is 26% below the median. Floor size is 114% larger than typical for similar homes.
Similar properties pricing
Key differences
Affordability
R 19,633 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
39 similar listings
Medium similar-home inventory in Margate Central
Median time on market: 173 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 a mix of residential comfort and convenient access to beaches, shops, and entertainment, making it an appealing place to call home.
* Distances and amenities are approximate.
