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Margate, Margate, Margate, KwaZulu-Natal
R 3 800 000
Positioned on the elevated slopes of Margate along the sought-after KwaZulu-Natal South Coast, this expansive residential property presents a rare opportunity to acquire a versatile, income-generating asset in one of the region’s most popular coastal destinations. Currently configured to accommodate up to 34 guests, the property features seven well-appointed, fully furnished living spaces—each offering modern comforts such as uncapped Wi-Fi and Open View TV. The layout provides flexibility for extended family living, multi-generational use, or continued short-term rental income. Property Highlights: Generous accommodation capacity across 7 individual units Main residence (10-sleeper) with direct access to the pool and entertainment area Multiple units boasting sea views and private braai facilities Established infrastructure designed for comfort, privacy, and ease of management Ample outdoor space with a communal entertainment and pool area With a successful track record spanning over two decades, this property has consistently attracted visitors to the vibrant Hibiscus Coast—an area renowned for its beaches, holiday appeal, and steady tourism demand. Previously marketed above R7 million, the property is now competitively priced for a decisive sale, offering exceptional value for buyers seeking both lifestyle and return on investment. Whether you envision a large private coastal residence, a family holiday retreat, or a home that continues to generate supplementary income, this property delivers on all fronts. Secure a foothold in one of KZN’s most desirable coastal regions—where lifestyle meets opportunity. Unit 1: Largest unit, 10 sleeper, adjacent to the swimming pool and entertainment area. Unit 2: 4/6 sleeper with sea views and private braai facilities. Unit 3: 5/6 sleeper with sea views and braai facilities. Unit 4: 2/4 sleeper with sea views, currently occupied by the owner. Unit 5: 2/3 sleeper with sea views and braai facilities. Unit 6: 2/3 sleeper with sea views and braai facilities. Unit 7: Cozy studio, 2 sleeper with braai facilities.
Estimated monthly repayment
R 35 885
on a R 3 420 000 bond over 20 years at 11.25%
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Margate, Margate, Margate, KwaZulu-Natal
Listed by
Nomvula Swanepoel
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