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1 Marine Drive, Margate, Margate, KwaZulu-Natal
R 530 000
This 2-bedroom, 1-bathroom apartment is ideally positioned in the heart of Margate town, above popular restaurants and within easy walking distance to the beach. The unit offers comfortable, practical living with two reasonably sized bedrooms, a shared bathroom, and a functional layout. The unit is neat and practical, offering comfortable everyday living with scope to refresh or update according to your own style and budget. Its central location makes it particularly appealing as an investment property. It would also suit a buyer looking for an affordable permanent residence close to amenities, shops, and the beachfront. A well-priced opportunity in a convenient location with rental potential.
Estimated monthly repayment
R 5 005
on a R 477 000 bond over 20 years at 11.25%
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1 Marine Drive, Margate, Margate, KwaZulu-Natal
Fair-value check
Good valuePriced 32% below comparable 2-bed apartments for sale in Margate
Based on 329 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Sipho Mthembu
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