House for sale
Coastal investment near Margate beach, mall and airport — versatile layout with private flat, pool and undercover bar area; six bedrooms and four bathrooms ideal for guesthouse income.
EXCLUSIVE MANDATE
ATTENTION INVESTORS
PERFECT INCOME GENERATOR ON MULTIPLE LEVELS - Perfect guesthouse opportunity as well!
You can have a 6-bed house? You can have a 4 Bed House + 2 bed Flat? You can have 3 x 2 Bed Income flats You Can have a perfect GUESHOUSE
Margate is based on the lower South Coast and is well known for the popular main beach and activities. The town offers holiday investments but also provide a lot more when you look at property investment and residential rental income investments. Margate also offers a top-class private hospital, Hibiscus Mall and the local airport with lots of development investment plans in the near future. Margate Ext 3 was developed as a new extension of the greater Margate and focusing more on residential properties.
This is a unique property at a perfect location. The property is well maintained and offers more than the average house in the area. A perfect 4-bedroom, 3-bathroom family home with lots of additional space for entertainment. The well laid out pool area and undercover area to the bar is ideal for hosting family and friends. The low maintenance garden is perfect for the busy family that enjoy the garden without the hard work. All the rooms are spacious and private. The open plan living is ideal for the bigger family with a cozy kitchen and a dining room leading to the garden.
Don`t forget the totally private flat. Enjoy your own entrance, parking and even a garden with an undercover patio. The modern kitchen and lounge are perfect for live in parents or starter families to rent from you to assist with the bond. Both bedrooms are a good size with a separate bathroom. For the bigger family this property can easily be joined to a massive 6-bedroom house, ideal for a Bed and Breakfast.
This property offers so much potential in multiple ways to invest. Use it for yourself and rent the flat out to assist with the bond. With a bit of imagination and very little cost it could make the perfect bed and breakfast that would be ideal for the location so near the airport. For the right investor this property could be a generous income generator when diverted to 3 individual flats. The opportunities are endless and that makes this property a must view. At the perfect price, location and all the different market features this property will not remain on the market for long so do not delay call me today for a viewing.
Listed for sale at R1,650,000
Price reduced by 1.5% to R1,625,000
Price reduced by 1.8% to R1,595,000
Price reduced by 2.8% to R1,550,000
Price reduced by 1.6% to R1,525,000
Price reduced by 2.0% to R1,495,000
Price reduced by 1.3% to R1,475,000
Compared with 74 active listings in Margate.
Insight
Priced 42% below the local median — and below the typical range for Margate.
It's priced below similar homes despite a comparable floor size, which may reflect condition, position or finishes. 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.
Similar properties pricing
Market depth
74 listings
Similar homes town-wide
190 days
Median time on market
Many similar homes
Active across Margate
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.
