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Margate, Margate, Margate, KwaZulu-Natal
R 560 000
Positioned close to Margate Hospital and Hibiscus Mall, this spacious two-bedroom, one-bathroom unit offers excellent potential for the savvy investor looking to expand their rental portfolio. The unit features generously sized living areas, a garage, and a practical layout with plenty of space. While the property does require a bit of TLC, it is priced accordingly, making it a fantastic bargain buy with strong rental potential in a convenient location. If you’re looking for an affordable investment opportunity with room to add value over time, this property is well worth a look.
Estimated monthly repayment
R 5 288
on a R 504 000 bond over 20 years at 11.25%
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Margate, Margate, Margate, KwaZulu-Natal
Fair-value check
Good valuePriced 29% below comparable 2-bed apartments for sale in Margate
Based on 329 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Naledi Khumalo
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