House for sale
Coastal living meets hands-off investment in Margate — fully let 11-unit property with private patio and partial sea views, braai area, six garages, and 19 beds/12 baths.
Strategically located in the coastal town of Margate, this fully-let 11 unit dwelling offers a rare opportunity to secure a high-yielding asset in a thriving rental market.
Ideal for seasoned investors seeking stable returns and long-term growth.
The Property consist of
Main Units: Units 1 & 2: 2 Bedrooms, Kitchen, Lounge, Bathroom with shower
Units 3 & 4: 1 Bedroom, Kitchen, Bathroom with shower
Unit 5: 2 Bedrooms, Kitchen, Lounge, 2 Bathrooms
Unit 6: 2 Bedrooms, Kitchen, Lounge, Bathroom with shower
Unit 7: 1 Bedroom, Kitchen, Lounge, Bathroom with shower
Units 8 & 9: 2 Bedrooms, Kitchen, Lounge, Bathroom with shower
Log Cabins (Units 10 & 11): 2 Bedrooms, Kitchen, Lounge, Bathroom with shower
Private patio with partial sea views Braai Area, 2 x Carports, 6 x Garages,
Well-maintained. This property combines location, scale, and income stability—making it a standout addition to any portfolio.
Contact us today to arrange a private viewing.
Listed for sale at R5,750,000
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
96 similar homes
101 listings across Margate
172 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, making it an ideal location for those seeking a relaxed seaside home.
