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Own a slice of Margate’s bustling retail scene with steady foot traffic — dual L-shaped retail areas, two back storerooms, two bathrooms and established tenants ensuring immediate income.
EXCLUSIVE MANDATE
COMMERCIAL SPACE ONLY FOR SALE. NOT BUSINESSES AND NOT FLATS
ATTENTION ALL INVESTORS
Looking to invest in a prime central Margate Location? This is your opportunity to own a commercial property in the heartbeat of Margate. This central busy location is perfect any kind of retail opportunities. The bonus points are you already have established tenants to confirm your return on investment.
The commercial space is divided into 2 areas. A smaller shop with front main entrance but no kitchen or bathroom facilities. The bigger area consists of a large L-Shaped retail store with 2 bathrooms, separate kitchen and another store room area. Apart from these spaces you also have 2 storerooms in the back to add to your income potential.
With already established tenants, low running costs, this prime property will give you a positive return on investment so don’t delay speak to the broker today.
Listed for sale at R1,350,000
Price reduced by 4.1% to R1,295,000
Price reduced by 0.8% to R1,285,000
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.