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:
Top Flat:
Bottom Flat:
(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.
