House for sale
Coastal investment block within walking distance of Margate beaches, shops and restaurants, offering sweeping sea views and a private pool — five generous apartments with garages and income potential.
Prime Investment Opportunity – Entire Apartment Block in Margate
A rare chance to secure an entire block of spacious apartments in the heart of Margate, this property offers unmatched potential for guesthouse conversion, Airbnb hosting, or holiday letting. With sweeping sea views and generous layouts, it’s a coastal investment that truly stands out.
The block consists of five large units, each designed with space and comfort in mind. Four of the apartments feature 4 bedrooms and 3 bathrooms, while the showpiece is an extraordinary 6‐bedroom unit of remarkable proportions. Lifestyle extras add to the appeal: the ground‐floor apartment enjoys its own private swimming pool, while one of the top units boasts a jacuzzi for ultimate relaxation. Each unit includes its own garage, with one cleverly transformed into a fully equipped entertainment space.
Inside, the apartments are defined by expansive kitchens, flowing dining and lounge areas, and ample built‐in cupboards. The scale of each unit is impressive, offering flexibility for families, long‐term tenants, or holidaymakers. Practical features such as JoJo tanks ensure water security, while the property’s central location places shops, restaurants, and Margate’s beaches within easy walking distance.
This block is more than just property, it’s a versatile investment with multiple income streams and strong appeal to both permanent residents and holiday guests. While the current listing excludes the furnishings seen in the images, these can be discussed and negotiated separately, offering buyers the option of a turnkey solution.
With its prime location, extraordinary scale, and endless possibilities, this is a must‐see property that needs to be experienced in person. Contact me today to arrange your viewing and explore the full potential of this exceptional Margate investment.
Listed for sale at R7,900,000
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
93 similar homes
101 listings across Margate
212 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 Central offers a vibrant coastal lifestyle characterized by its iconic blue-flag beaches, bustling holiday atmosphere, and convenient access to essential amenities for permanent residents.