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26 Banks Street, Margate, Margate, KwaZulu-Natal
R 1 850 000
Investment and Income-Generating Property for Sale – Margate / Manaba INVESTMENT & INCOME-GENERATING PROPERTY FOR SALE – MARGATE / MANABA Exceptional Investment Opportunity with Development Potential This spacious 5-bedroom, 5-bathroom property in the sought-after Margate/Manaba area presents an excellent opportunity for investors looking for a property with multiple income-generating possibilities. The property features three kitchens, making it ideal for conversion into separate living units, holiday accommodation, guesthouse facilities, or a multi-family residence. The flexible layout allows different sections of the property to be utilised independently, creating strong potential for rental income. A major advantage is the large vacant land at the back of the property. This additional space offers exciting potential for future development, subject to the necessary municipal approvals and zoning requirements. Depending on approvals, the land could potentially accommodate additional rental units, cottages, entertainment facilities, parking or other income-generating improvements. Property Features 5 Bedrooms 5 Bathrooms 3 Kitchens Spacious living and accommodation areas Large vacant land at the rear Excellent potential for additional development Suitable for multiple rental units Potential for holiday letting or guest accommodation Ideal for a large extended family Investment and income-generating potential Conveniently situated in the Margate/Manaba area Excellent Investment Potential With its three kitchens, five bathrooms and substantial additional land, this property offers much more than a conventional family home. It can be adapted to create multiple income streams while retaining the potential for future expansion. The Margate and Manaba Beach areas are established coastal destinations, making properties suitable for holiday accommodation and rental investment particularly attractive. An opportunity not to be missed for an investor seeking space, flexibility and future development potential on the KwaZulu-Natal South Coast. Contact us today to arrange a private viewing and explore the income-generating and development possibilities this property has to offer
Estimated monthly repayment
R 17 470
on a R 1 665 000 bond over 20 years at 11.25%
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26 Banks Street, Margate, Margate, KwaZulu-Natal
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Fair-value check
Fairly pricedIn line with comparable 5-bed houses for sale in Margate
Based on 25 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Thandi Mahlangu
Unclaimed listing — claim it to verify
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