House for sale
Coastal family retreat on the Margate–Manaba Beach border, walking distance to beaches, shops and restaurants; features a large pool and approved flat-rights, with four bedrooms.
LARGE FAMILY HOME WITH OPTIONS
* FLATS RIGHTS TO EXPAND ON PROPERTY
* GRASS AND HARVEY TILE ROOF - (20-year guarantee left)
* Large Pool
* Large rooms
* Perfect Location
* Solid older home
This property is on the border between Margate and Manaba Beach. You are walking distance to beaches, shops, restaurants and pubs. The location is perfect. The land is big and offers lots of options to develop or maintain as it is. With rights to expand and build more flats it is a very good investment at a prime location. Being on the main road this is a landmark home with potential exceeding your expectations.
This is an older home with character and class with lots of potential for the right investor. You enter the very spacious lounge, and you overwhelmed with the high thatch ceiling that was not expected. The large loft overlooking the lounge is ideal for children entertainment or the 4th bedroom. You have direct access to the garage from the lounge so it could easily be converted into another bedroom with on suite or a home office. The solid wood sliding door opens up to the paved braai area with a thatched gazebo and builds in braai. The main bedroom is also accessed from the lounge. The spacious room offers a large on-suite bathroom. From the lounge you enter the open plan dining room and kitchen with two passageways to the bedrooms and additional large bathrooms. The kitchen leads to a courtyard with a separate laundry outside and a maid toilet with shower. All the bedrooms are very large and private with fans but no build in cabinetry. The spacious bathrooms are convenient near all bedrooms. The well-maintained back yard is in two levels and three divisions. The first level is the paved courtyard and braai area. Going with stairs down to the second level with an established garden area around the large pool also with a thatched gazebo. At the back of the pool and the side of the braai area there is a section of land that is undeveloped or maintained with flat rights approved for further development.
This is a large family home that is dying for your stamp to bring it into the next chapter of its life. It is a perfect holiday home. Currently it is doing very well on holiday letting. If you are looking for a spacious, solid starter home to build your dreams with your family in a good neighborhood then this property is for you. Maybe you want to invest and develop the property then you should also give me a call to tell you more about the options available. With no stairs its ideal for retirement and should you develop the flats with this low purchase price it could definitely assist with additional income potential
Let`s arrange a viewing and make an offer before it is sold! Call me today!
Listed for sale at R1,100,000
Wide price range across Margate
Prices vary widely across Margate, so a like-for-like comparison isn't reliable for this home.
Below the typical range for Margate.
Around R2M typical in Margate Central (small sample of 3).
Price comparison based on 10 similar-sized 4-bed homes.
Market depth
10 listings
Similar homes town-wide
Low inventory
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.
