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Margate, Margate, Margate, KwaZulu-Natal
R 950 000
WELL PRICED Margate CBD still offer a lot of investment opportunities at reasonable prices. This South Coast holiday town with pristine white well-maintained beaches will always remain the perfect affordable holiday destination. The popular beach offer lots of entertainment, restaurants and local stall right on the beach front. This complex is well maintained and very popular for holiday investment opportunities being directly on the main beach front. The apartments are accessed from a private elevator or secured stairs to a Voyer on each floor with private pass features. The apartment is secured with Security doors and windows. As you enter it is modern and spacious, the perfect holiday atmosphere to make you feel at home. The kitchen is well laid out and fully equipped overlooking the open plan dining room and lounge area. The enclosed balcony with sliding windows flows freely from the lounge with sea views of Margate Beach. The bedrooms are a fair size with new furniture and updated bathrooms. The guest bathroom offers a walk-in shower, and the main bedroom leads to the enclosed balcony. There is 1 allocated security-controlled basement parking allocated to the apartment. All electronics was replaced including all bedding Looking for a central lock up and go investment, look no further. Maybe a holiday letting income investment then this will be perfect with the price and location. With lifts and enough security this could also be a perfect retirement apartment or something for the first time home buyer being sold furnished. The perfect location and price, don’t miss out on this picture-perfect investment right on the Main Margate Beach.
Estimated monthly repayment
R 8 971
on a R 855 000 bond over 20 years at 11.25%
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Margate, Margate, Margate, KwaZulu-Natal
Fair-value check
Good valuePriced 25% below comparable 3-bed apartments for sale in Margate
Based on 215 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Sarah Van Wyk
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