House for sale
Coastal lifestyle and income potential in central Margate, less than a kilometre to the beach. Cape Dutch home with two self-contained flatlets, sea-view master, and two pools.
Cape Dutch Charm with Endless Income Potential – Margate
In the heart of Margate lies a home that radiates old‐world charm while offering exciting possibilities for modern living. This Cape Dutch styled residence is more than just a house—it’s a lifestyle opportunity, complete with a main residence and two additional flatlets, making it ideal for extended family living or generating holiday rental income. The home is in need of some TLC and minor upgrades here and there and is waiting for the right person to restore the home to its former beauty!
The main home is warm and welcoming, with a sizeable upstairs master bedroom that enjoys its own ensuite bathroom and sweeping sea views. Downstairs, three further bedrooms and two bathrooms provide ample space for family and guests. A spacious lounge with a cosy fireplace flows into the dining room and kitchen, which is complemented by a practical scullery and laundry extension. The front yard boasts a sparkling swimming pool, perfect for summer afternoons, while the back yard is home to one of the flatlets—designed to sleep four guests with its open‐plan kitchenette, bedroom, and ensuite bathroom. The second flatlet offers a one‐bedroom, one‐bathroom layout with its own lounge and kitchenette, creating a private retreat for visitors or tenants.
With two swimming pools, one for the main residence and one dedicated to the flatlets, this property is designed for both relaxation and entertainment. Practical features include a double garage, double carport, and a storeroom, ensuring convenience and functionality.
Located less than a kilometre from the beach and central to malls, hospitals, and everyday amenities, this home combines coastal living with accessibility. Whether you’re envisioning a family haven, a holiday escape, or an investment property with income potential, this residence offers it all.
Listed for sale at R1,400,000
How does this home’s price compare with similar properties?
Price comparison based on 14 similar-sized 4-bed homes.
Insight
Priced 49% below the local median - and below the typical range across Margate.
Compared with 14 similar homes (15 listings) across Margate.
It sits below similar homes even on a price-per-m² basis - condition, position or finishes may explain the gap. 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.
Around R2.2M typical in Margate Central (small sample of 4).
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.
