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104 Marine Drive, Lawrence Rocks, Margate, KwaZulu-Natal
R 7 850 000
A Rare Coastal Investment Opportunity in the Heart of Margate Discover this exceptional investment opportunity in a prime Margate location, offering five spacious apartments, each with breathtaking sea views and excellent income-generating potential. The units can be purchased as a complete investment package or individually, subject to the applicable conditions, giving investors the flexibility to structure the purchase according to their needs and goals. Ideally situated just as you leave Margate town centre, the property offers the perfect combination of convenience and coastal living. The beach, shops, restaurants and other popular amenities are all within easy reach, making these apartments highly attractive to both permanent residents and holidaymakers. Spacious Apartments with Endless Possibilities Each apartment offers generous accommodation, with four to six bedrooms and two full bathrooms, making them particularly suitable for large families, group accommodation or holiday rentals. Whether your goal is to generate a reliable rental income, operate holiday accommodation, or secure your own spacious seaside home, these properties offer excellent versatility and long-term potential. For added convenience, every unit has its own dedicated laundry area with washing and drying appliances. Furnishing: Units 1, 2, 3 and 5 are sold fully furnished. Unit 4 is partly furnished. Excellent Parking & Added Extras Unit 1: Double lock-up garage plus a private swimming pool. Unit 2: Double lock-up garage. Units 3, 4 and 5: Single lock-up garage plus secure parking for an additional two vehicles each. Breathtaking Sea Views One of the property's greatest attractions is that every unit enjoys spectacular sea views. Imagine waking up to the ocean and enjoying the relaxed coastal lifestyle that Margate is renowned for. Combined with the generous living spaces, excellent location, furnishings and potential for rental income, this is a property portfolio with plenty to offer. This is one of those properties you really need to see to appreciate. The spacious interiors, stunning ocean views, excellent parking and income potential are difficult to fully capture in photographs alone. Whether you are an experienced investor looking to expand your portfolio or someone wanting to take the first step into property investment, this is an opportunity worth serious consideration. Own a piece of the beautiful KwaZulu-Natal South Coast and turn coastal living into a smart investment. Prime Margate Location Spectacular Sea Views from Every Unit Five Spacious Apartments Excellent Rental & Holiday Accommodation Potential Lock-up Garages & Secure Parking Private Pool with Unit 1 Close to Town, Shops, Restaurants & Beaches Opportunities like this are not easy to find. Photos don't do justice. Good quality furniture. Arrange your private viewing today and come experience the potential for yourself!
Estimated monthly repayment
R 74 130
on a R 7 065 000 bond over 20 years at 11.25%
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104 Marine Drive, Lawrence Rocks, Margate, KwaZulu-Natal
Fair-value check
Priced highPriced 469% above comparable 3-bed apartments for sale in Lawrence Rocks
Based on 40 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Deon Khumalo
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