House for sale
Coastal income opportunity in Margate with sea-view balconies and log cabins, backup JoJo tanks, tenanted for immediate returns — 21 beds, 14 baths, six garages.
Take a walk through this investment property. On the left is a wooden house with balconies with sea view, separate entrance. To the right is the balance of the property. Unit 1: Lounge, kitchen, two bedrooms, bathroom. Unit 2: Lounge, kitchen, two bedrooms, and bathroom. Unit 3: Lounge, kitchen, bedroom, bathroom. Unit 4: Lounge, kitchen, bedroom, bathroom. Unit 5: Lounge, kitchen, two bedrooms, two bathrooms. Unit 6: Lounge, kitchen, two bedrooms, one bathroom. Unit 7: Lounge, kitchen, bedroom, bathroom. Unit 8: Lounge, kitchen, two bedrooms, bathroom: Unit 9: Lounge, kitchen, two bedrooms, bathroom. Unit 10: Log Cabin: Upstairs: Lounge, kitchen, two bedrooms, bathroom, balcony with sea view. Unit 11: Log Cabin: Upstairs: Lounge, kitchen, two bedrooms, bathroom, balcony with sea view. Unit 12: Log Cabin: Downstairs: Lounge, kitchen, one bedroom, bathroom. Unit 13: Log Cabin: Downstairs: Lounge, kitchen, one bedroom, bathroom. Six garages and two under cover parkings. There are back up water Jojo tanks. The property is tenanted already and is ideal for generating an income.
Margate still remains one of the most popular holiday destinations on the lower South Coast of Kwazulu-Natal, with our gorgeous beaches and tropical weather - this is the place to retire or live here permanently. Do not delay in viewing this gem, call Elzette today to arrange a time to view.
Listed for sale at R7,062,000
Wide price range across Margate
Prices vary widely across Margate, so a like-for-like comparison isn't reliable for this home.
Above the typical range for Margate.
Market depth
90 similar homes
98 listings across Margate
214 days
Median time on market
Many similar homes
Active across Margate
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Margate Beach is a vibrant coastal destination offering a relaxed seaside lifestyle with convenient access to essential amenities and beautiful sandy shores.
