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4 Jenkins Street, Margate, Margate, KwaZulu-Natal
R 4 350 000
Set in the sought-after suburbs of Margate, just moments from Hibiscus Mall, this immaculate freestanding property offers exceptional versatility with two separate access points—one for the main residence and one for the guest house. The main home features four spacious bedrooms and two bathrooms, including a master en-suite, complemented by high ceilings and built-in cupboards. Upon entry, you’re welcomed into a bright, open-plan living space that flows seamlessly from the lounge (with an adjoining study) to the dining area and out onto a relaxing veranda. The generously sized kitchen is both open and functional, ideal for comfortable day-to-day living. A long passage leads to the bedrooms, enhancing the sense of space and privacy. The property is fully walled, with electric gates, a double automated garage, and a strong emphasis on security and meticulous upkeep throughout. A short walk across the neatly maintained grounds leads you to the modern double-storey guest house, thoughtfully designed for tenant living or extended family use. It comprises four units—two on the ground floor with verandas, and two upstairs with balconies—each offering two bedrooms and a bathroom, ensuring privacy and comfort for occupants. The guest house has a proven rental track record, with long-standing tenants willing to remain. Located within walking distance of Pick n Pay, a nearby gym, and an Engen garage, convenience is at your doorstep. With excellent security in the area and close proximity to essential amenities, this property is ideal as a multi-generational home or a high-yield investment opportunity—offering both immediate returns and future potential.
Estimated monthly repayment
R 41 078
on a R 3 915 000 bond over 20 years at 11.25%
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4 Jenkins Street, Margate, Margate, KwaZulu-Natal
Listed by
Lerato Mahlangu
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