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Margate, Margate, Margate, KwaZulu-Natal
R 1 550 000
Multi functional home in Margate. This home has currently been used purely for business purposes as an Attorney firm in the heart of Margate, but offers so much in terms of potential. The property is well developed, with beautiful gardens designed to provide privacy. Your own tranquil retreat. It is currently run as an office space in the top section, a meeting room on the lower level with storage, and has a separate building on the premises which is currently used as a reception and boardroom currently. This home oozes character and charm with the top floor comprising a small kitchen with back door access to a private laundry area. The very spacious main bedroom has its own ensuite bathroom, while the other two bedrooms share a second bathroom. The bottom floor is made up of 3 rooms, which could easily be converted into a flatlet, by adding a kitchenette and bathroom. It has its own private access and would be an income generating flatlet or could possibly be used as a space for a small home run business perhaps. The other structure is a separate boardroom area, which would be a wonderful separate flatlet that has been designed in such a manner that one could add a second story should you wish to. It was planned to be a double story but one could quite easily remodel it as it is into a one bedroom flatlet. This property is looking for the right buyer, with a creative eye, and a passion for home design, as this would be a lovely project and would make a beautiful home with some minor changes. This home has heaps of potential and will be snatched up quickly at its price. Feel free to book your appointment to view this lovely home. Lets convert this beauty back into the family home that it deserves to be, with children playing in the back yard.
Estimated monthly repayment
R 14 637
on a R 1 395 000 bond over 20 years at 11.25%
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Margate, Margate, Margate, KwaZulu-Natal
Fair-value check
Fairly pricedIn line with comparable 3-bed houses for sale in Margate
Based on 101 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Thabo Govender
Unclaimed listing — claim it to verify
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