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23 Lagoon Road, Margate, Margate, KwaZulu-Natal
R 1 490 000
This modern, fully furnished 4th floor apartment, ideally positioned on the Margate/Manaba Beach border, presents a rare opportunity for both investors and holidaymakers. Already an active holiday letting property, it has confirmed bookings for December 2025—making it a secure income-generating investment from the start. Enjoy sweeping 180-degree, unobstructed sea and breaker views from the expansive balcony that spans the entire length of the apartment. The balcony is directly accessed from the lounge, the main bedroom, and a second bedroom, while the third bedroom is set on the inland side. The open-plan lounge, dining area, and kitchen create a welcoming living space, all complemented by air-conditioning in every room. The kitchen is sleek and functional, featuring black granite tops, wood cabinetry, and modern appliances including a dishwasher and washing machine. The complex is designed for convenience and lifestyle, offering direct access to the beach, a communal swimming pool, a games area, and 24-hour CCTV with on-site manned security. Two basement parking bays, a storeroom, and recently completed exterior painting add further value. Small dogs are permitted with prior body corporate consent. Whether you’re looking for a ready-to-go holiday apartment or a high-return investment, this property delivers on all fronts. Contact me today for more information or to arrange a private viewing.
Estimated monthly repayment
R 14 071
on a R 1 341 000 bond over 20 years at 11.25%
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23 Lagoon Road, Margate, Margate, KwaZulu-Natal
Fair-value check
Fairly pricedIn line with 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
Anika Motaung
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