Embrace Margate's beach lifestyle — income-producing multi-unit property with sea-view balconies, log cabins, JoJo water backup and six garages, ideal for holiday rentals.
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 R5,800,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 99 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 56,935 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
99 similar listings
High similar-home inventory town-wide (Margate)
Median time on market: 156 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 Beach offers a vibrant coastal lifestyle with beautiful beaches, a bustling town center, and a relaxed holiday atmosphere, making it an attractive place to live.
* Distances and amenities are approximate.