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St Michaels On Sea, St Michaels On Sea, Margate, KwaZulu-Natal
R 2 800 000
Situated in the highly sought-after suburb of St Michaels-on-Sea, this exceptional residential property offers the perfect combination of coastal living, versatility, and outstanding income-generating potential. Ideally located close to pristine beaches, shopping centres, schools, and all essential amenities, this is a rare opportunity to own a home in one of the South Coast's most desirable locations. Designed with flexibility in mind, the property's unique layout can accommodate extended family living, a guesthouse, holiday accommodation, or multiple long-term rental opportunities. It can be configured as up to four separate, fully self-contained living spaces, making it an exceptional investment. The property includes two beautifully appointed flats: Top Flat: Featuring two bedrooms, one shared bathroom, and a spacious open-plan lounge and kitchen that flow effortlessly onto a large patio with a built-in braai. The patio boasts breathtaking, uninterrupted sea views stretching as far as the eye can see. Bottom Flat: Offering two bedrooms, both with en-suite bathrooms, a comfortable lounge, and a well-equipped kitchen opening onto a private patio with a built-in braai—perfect for relaxed outdoor living. The main house is equally versatile and can be enjoyed as a spacious three-bedroom, three-bathroom family home. Alternatively, it can be divided into a two-bedroom home and a separate bachelor flat, complete with its own private entrance and driveway, creating even more income-producing opportunities. Whether you're searching for a spacious family residence, a multi-generational home, or an investment with exceptional earning potential, this remarkable property offers endless possibilities. With its flexible layout, spectacular sea views, and prime location, it truly is a rare gem on the South Coast.
Estimated monthly repayment
R 26 441
on a R 2 520 000 bond over 20 years at 11.25%
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St Michaels On Sea, St Michaels On Sea, Margate, KwaZulu-Natal
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Listed by
Jan Smith
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