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Margate, Margate, Margate, KwaZulu-Natal
R 7 900 000
Come and discover this unassuming yet highly rewarding apartment block in the heart of Margate. This exceptional investment opportunity consists of five spacious units, available for purchase as a complete package or as individual units (preconditions applies) to suit your investment goals. Perfectly positioned just as you're exiting Margate town centre, this property offers the ideal balance of convenience and coastal living. Residents can enjoy a short stroll to the beach, shops, restaurants, and all the amenities the town has to offer. Whether you're looking to generate income through long-term rentals, holiday accommodation, or even secure a permanent seaside residence, these versatile units offer endless possibilities. Each apartment is generously sized, featuring four to six bedrooms and two full bathrooms, making them ideal for larger families and holidaymakers alike. For added convenience, all units include a dedicated laundry area complete with washing and drying appliances. The apartments are also well-appointed, with Units 1, 2, 3, and 5 being sold fully furnished, while Unit 4 is partly furnished. The property offers excellent parking and additional features: • Unit 1 includes a double lock-up garage and a private swimming pool. • Unit 2 includes a double lock-up garage. • Units 3, 4, and 5 each feature a single lock-up garage as well as secure parking for an additional two vehicles. One of the standout features of this remarkable property is that every unit enjoys breathtaking sea views, creating an enviable coastal lifestyle that is sure to appeal to both tenants and owners. Combined with their spacious layouts, quality furnishings, and prime location, these apartments offer exceptional value and versatility. You simply must see this property to fully appreciate the incredible value on offer. From the generous living spaces and stunning ocean views to the excellent rental potential and versatile accommodation options, this is an opportunity that photographs and words alone cannot adequately capture. With strong rental potential, flexible ownership options, and an unbeatable location close to the beach and town centre, this property presents a rare opportunity for savvy investors seeking excellent returns and long-term value. Don't miss this outstanding opportunity to own a piece of the South Coast's thriving property market, whether as a complete investment portfolio or as individual units tailored to your needs. Arrange your viewing today and experience the value for yourself.
Estimated monthly repayment
R 74 602
on a R 7 110 000 bond over 20 years at 11.25%
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Fair-value check
Priced highPriced 246% above comparable 4-bed apartments for sale in Margate
Based on 57 comparable listings
A market signal from comparable listings — not a formal valuation.
Margate, Margate, Margate, KwaZulu-Natal
Listed by
Thulani Mbeki
Unclaimed listing — claim it to verify
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