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27 Marine Drive, Margate Beach, Margate, KwaZulu-Natal
R 1 020 000
This beautiful 2-bedroom, 2-bathroom flat in the heart of Margate is not only a stylish coastal retreat but also a proven income-generating asset. With breathtaking views and a location just steps from the beach, shops, and all amenities, it offers the perfect blend of convenience and lifestyle. The complex is secure and well-maintained, featuring a lift for easy access and two underground parking bays for added peace of mind. Its modern design and prime position make it a standout choice for both personal enjoyment and investment. Currently used for holiday letting, this property already demonstrates its strong rental appeal, making it a great investment opportunity for those seeking reliable returns. The pet-friendly policy, with permission from the body corporate, adds further charm and flexibility for owners and guests alike. Whether you’re looking to expand your portfolio or secure a holiday home that pays for itself, this flat offers exceptional value in one of South Africa’s most popular seaside destinations
Estimated monthly repayment
R 9 632
on a R 918 000 bond over 20 years at 11.25%
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27 Marine Drive, Margate Beach, 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
Priced highPriced 31% above comparable 2-bed apartments for sale in Margate Beach
Based on 60 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Nkosinathi Govender
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