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St Michaels On Sea, St Michaels On Sea, Margate, KwaZulu-Natal
R 2 195 000
This spacious family home, situated in St Michaels, with amazing ocean views offers everything you need for comfortable coastal living with a lucrative rental income. As you enter the main house, into a welcoming entrance hall, you will find on the right wing, 3 spacious bedrooms and 2 modern bathrooms, the main bedroom, with an abundance of cupboard space, has the bathroom en-suite and a second bathroom, strategically placed, caters for the 2 remaining bedrooms. There is also a homely TV room with a feature fireplace, offering you cosy private evenings. The left wing of the home gives you open plan living, with a large lounge, informal dining and a beautiful modern kitchen with top of the range cabinetry and sleek granite work surfaces. These areas flow, through double volume sliding doors, to an outside patio and pool area with beautiful views over the Indian Ocean. To the right of the patio there is an enclosed entertainment area, with a built-in braai, so come rain or sunshine entertaining is a breeze. To the rear of the home there are 3 flatlets, two of which are already bringing in an income, the 3rd flatlet is often let out as holiday accommodation. Flat 1.. Spacious bedroom, sitting area, well equipped kitchen and private bathroom. Flat 2.. Bedroom, bathroom and kitchenette. Flat 3.. Bedroom, bathroom and kitchen counter... The property is secured with a perimeter wall, automated gate access and a double garage with lots of extra secure parking. 2 x 5000lt water tanks, taking care of any water issues and solar panels for energy efficiency. There is also a large utility room currently used as a laundry and scullery area.
Estimated monthly repayment
R 20 728
on a R 1 975 500 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.
Fair-value check
Fairly pricedIn line with comparable 3-bed houses for sale in St Michaels On Sea
Based on 18 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Noluthando Govender
Unclaimed listing — claim it to verify
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