Coastal investment retreat in Uvongo, two minutes from the beach, combining owner-ready 6-bedroom main house with private pool and gym, plus 14 income-producing 2-bed apartments.
Prime Investment Property with Spacious Main Residence – Uvongo, South Coast
Asking Price: R16,400,000
Located in Uvongo on the South Coast, just 2 minutes’ drive from the beach and all amenities, this exceptional and well-maintained property offers a rare combination of strong income generation and luxury residential living.
Main House (Private Entrance):
The main residence is separate from the apartments and comprises:
Perfect for owner occupation, executive rental, or additional income potential.
Apartment Block – Immediate Rental Income:
The property further includes 14 fully tenanted apartments, each offering:
• Pre-Paid Meters
• Borehole
Each apartment currently generates R6,000 per month, excluding water and electricity, ensuring a stable and consistent income stream from day one.
Additional Information:
This is a turnkey investment opportunity in one of the South Coast’s most desirable areas, combining lifestyle, location, and reliable returns.
Listed for sale at R16,400,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 413 listings in Margate (town)
Insight
Priced above the median for similar properties in the area.
Benchmark uses town-level data where suburb sample size is limited. Premium areas may trade above town averages - check with the agent for local guidance.
Similar properties pricing
Affordability
R 160,990 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
413 similar listings
High similar-home inventory town-wide (Margate)
Median time on market: 194 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
Calculate your moving costs to Uvongo Beach with the help of our moving partners.
Uvongo Beach offers a relaxed coastal lifestyle with beautiful beaches and a friendly community, making it an appealing residential area.
* Distances and amenities are approximate.