House For Sale In Margate

Income-Generating Property with Sea Views – Versatile Investment Opportunity in Margate South Coast

Situated in a well-positioned area close to all amenities, this unique property offers exceptional value and versatility. The owner has thoughtfully converted the home into three separate living units, creating an ideal setup for rental income, extended family living, or a combination of owner-occupation and investment.

Set on a generous 1381sqm stand, the property enjoys a beautiful distant sea view and offers excellent potential for long-term or holiday letting. While the property is fully functional, it does require some cosmetic TLC, giving the new owner the opportunity to add their own style and further increase its value.

Main House:

• 3 spacious bedrooms
• 1 bathroom
• 1 separate toilet
• Comfortable living spaces ideal for family living

Top Flat:

• 1 bedroom
• 1 bathroom
• Private and functional layout – perfect for rental income

Bottom Flat:

• 1 large open-plan bedroom/living space
• Open-plan lounge and kitchen
• 1 bathroom

(Please note: The original garages were converted into a flat, maximizing accommodation and rental potential.)

Property Highlights:

Excellent income-generating opportunity

Three separate living units

Beautiful distant sea views

Large 1381sqm stand

Close to shops, schools, beaches and other amenities

Flexible living and investment options

Selling Price: R1 850 000

Rates: R1 700

Whether you are an investor looking for multiple rental streams or a buyer seeking a versatile property with income potential, this Margate gem offers outstanding value in a prime coastal location.