About this property

An exceptional investment opportunity awaits in the heart of Margate on the beautiful KwaZulu-Natal South Coast. This well-established, Commercial zoned property is currently operating as both permanent rental accommodation and self-catering holiday apartments, offering multiple income streams and outstanding future potential. Being sold fully furnished, this is a genuine turnkey investment where a new owner can continue operating immediately or adapt the property to suit a variety of hospitality or residential accommodation ventures. The property consists of seven spacious, self-contained apartments, thoughtfully designed to provide comfort, privacy and convenience for both holidaymakers and long-term tenants. Accommodation Includes: - 2 spacious three-bedroom, two-bathroom apartments - 1 comfortable two-bedroom, one-bathroom apartment - 4 well-appointed one-bedroom, one-bathroom apartments Each apartment features its own private braai area and enjoys beautiful sea views, creating the ideal coastal retreat for couples, families and larger groups. Guests and residents also have access to a sparkling communal swimming pool and entertainment area, enhancing the relaxed South Coast lifestyle that continues to attract visitors throughout the year. The property offers numerous additional features, including: - Fully furnished apartments - Business &amp; Commercial zoning - Walking distance to the beach and local amenities - Sea views from every apartment - Private braai area for every unit - Sparkling communal swimming pool - Entertainment area - Laundry room - Large double garage-sized storeroom - Wi-Fi throughout the property - Three 10,000-litre water storage tanks - Solar-powered security lighting - Alarm systems and outdoor security beams with armed response - Recently updated building plans - Spacious grounds with potential for additional accommodation - Pet-friendly potential due to the private layout of the apartments With its flexible layout, this property lends itself to a wide variety of business opportunities, including: - Self-catering holiday accommodation - Airbnb and short-term rentals - Boutique guesthouse - Lodge - Corporate accommodation - Long-term residential rentals - Group accommodation - Retirement or lifestyle accommodation - Student accommodation - Backpackers Lodge - Rehabilitation or wellness centre - Step-down medical recovery facility Perfectly positioned in one of South Africa's most popular coastal destinations, the property is within easy walking distance of Margate Beach, Blue Flag beaches, restaurants, shopping centres, golf courses, fishing spots, surfing beaches and numerous tourist attractions. Margate continues to attract visitors throughout the year thanks to its subtropical climate, relaxed coastal lifestyle and convenient location, approximately 150 km from King Shaka International Airport. This well-maintained property presents an excellent opportunity for investors looking to expand their portfolio, hospitality operators seeking an established business, or buyers wanting to combine a coastal lifestyle with strong income-generating potential. Property Highlights - Asking Price: R4,250,000 - 7 Fully Furnished Apartments - Business &amp; Commercial Zoned - Established Income-Generating Property - Multiple Income Streams - Excellent Holiday Rental Potential - Walking Distance to the Beach - Sea Views from Every Apartment - Private Braai Area for Every Unit - Swimming Pool &amp; Entertainment Area - Wi-Fi Throughout - Solar Security Lighting - Alarm Systems &amp; Security Beams - Three 10,000L Water Tanks - Large Storeroom &amp; Laundry - Potential to Expand the Existing Development - Prime Margate Investment Opportunity Whether you are looking to own an established holiday accommodation business, expand your investment portfolio, or secure a premium commercial property on the KwaZulu-Natal South Coast, this exceptional opportunity offers flexibility, excellent income potential and long-term value in one of South Africa's favourite holiday destinations. BLUE CANYON PROPERTIES 71 CC trading as RE/MAX Coast and Country (Shelly Beach) operates in terms of a franchise agreement with RE/MAX of Southern Africa.