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12 Marine Drive, St Michaels On Sea, Margate, KwaZulu-Natal
R 5 200 000
A rare and exciting investment opportunity awaits with this immaculate 8-bedroom guesthouse, just a few minutes’ walk to and from the beloved St. Michaels Beach. Ideally located in the vibrant heart of St. Michaels on Sea, this fully operational guesthouse offers the perfect blend of location, luxury, and income potential. Guests are welcomed through a spacious reception area into an expansive open-plan lounge, dining area, and fully equipped bar—ideal for relaxation or entertaining. Elegant wooden French doors lead to a beautifully landscaped garden, sparkling pool, and a designated braai area, creating a seamless and inviting indoor-outdoor experience. Each of the 8 generously sized bedrooms features its own en-suite bathroom, providing maximum comfort and privacy for guests. The layout includes a spacious family suite that accommodates both double and single beds, perfect for group bookings. The large kitchen, complete with a separate scullery and laundry area, is designed to meet the demands of a busy guesthouse operation. Additional highlights include a office with CCTV monitoring, two water tanks for consistent supply, and a double stand on one title deed—offering excellent potential for future expansion or development. With its prime location near beaches, restaurants, shops, and key amenities, this turnkey property is a standout opportunity for investors in the thriving coastal hospitality market. Don’t miss out—enquire today and take the first step toward owning a high-performing coastal guesthouse.
Estimated monthly repayment
R 49 105
on a R 4 680 000 bond over 20 years at 11.25%
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12 Marine Drive, St Michaels On Sea, Margate, KwaZulu-Natal
Listed by
Tee Yengwa
The Property Circle - Margate
Unclaimed listing — claim it to verify
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