House for sale
Enjoy central coastal living with flexible, income-generating multi-units near town, hospital and beach — features include a huge wooden-top kitchen, automatic gate, 15 beds and 8 baths.
Located close to town, the clinic, Margate Private Hospital, Margate Industrial Park and beach this complex presents a lucrative investment opportunity for discerning buyers. It consists of four units.
BREAKDOWN OF UNITS:
Unit 1
This huge apartment has been partitioned into two big units each with two bedrooms, open plan lounge, kitchen and bathroom.
This unit can accommodate two families or can be used by four different individuals.
Unit 2
The apartment has been divided into two big units. Each unit has two bedrooms, a bathroom and a kitchen plus a spacious open plan living
and dining area. The only thing the apartment needs is paint, and you are ready to put on your tenants, or you can live in one apartment and let the other one out bringing in extra income.
Unit 3
This huge four bed two bath apartment is a great income generator. The unit has been split into two big units, each with two bedrooms, bathroom, open plan lounge, dining and kitchen. The first unit has a shower, toilet and basin. The second one has a bath, toilet and basin. These two units are presently being let out for holiday makers but can easily be let for long term permanent rental.
Two families can easily live together, or four different individuals can share the apartment with ease. The options are endless!
Unit 4
It has three bedrooms, two separate living rooms, a huge kitchen and two bathrooms. The kitchen is big and bright with exquisite wooden tops that give it character. The main bedroom is set separately from other bedrooms giving you privacy. It has an en-siute and private pyjama lounge.
The complex is centrally located, with automatic gate, close to town and other amenities like shops, beach, hospital, schools etc.
Listed for sale at R3,795,000
Compared with 74 active listings in Margate.
Insight
Priced 49% above the local median — but still inside the typical range for Margate.
It's larger than typical, which helps explain where it sits in the range. Benchmarked on town-level data where the suburb sample is limited. Premium pockets may trade above town averages — check with the agent for local guidance.
Similar properties pricing
Key differences
Good value · based on 26 listings
Above-average space · based on 26 listings
Market depth
74 listings
Similar homes town-wide
190 days
Median time on market
Many similar homes
Active across Margate
Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Margate Central offers a vibrant coastal lifestyle characterized by its iconic blue-flag beaches, bustling holiday atmosphere, and convenient access to essential amenities, making it an ideal location for those seeking a relaxed seaside home.
