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Margate, Margate, Margate, KwaZulu-Natal
R 985 000
PLEASE FIX ME UP Margate on the lower South Coast is a very popular holiday destination. The white sandy main beach attracts thousands weekly to this small surfing town. Margate is central to malls, hospitals, entertainment and lots more. The town is divided between residential areas, sectional title blocks and freestanding properties. This fixer upper is in a popular central residential area walking distance to the beach and activities and right next to the main routes. The cull de sack level property is large but needs a bit of TLC and a cleanup to freshen up the possibilities the garden offers. The structure of the house is efficient, but the roof needs some attention as it is currently leaking. The extra garden features are a pleasant surprise with a cozy fire pit in the front and a jacuzzi nestled in a stone wall for privacy in the back yard. The pond just adds to the ambiance of the peaceful garden area. There is also a single garage with enough additional parking. Next to the garage is a private bachelor pad or office space with a bathroom. The inside of the house cries for your personal touch and TLC. The house is well laid out and once the ceilings and floors are repaired the attention will fall back to how spacious the rooms are. The kitchen is in good condition but needs a bit of your personal touch. The spacious lounge and dining room is designed with the open plan floorplan The rustic bar room with build in bar is unique with a door to a possible deck over the jacuzzi area stone walls with a scenic inland view. The third bedroom is large with a build in cupboard and two windows. From the dining room you have access to both the other two similar size and layout bedrooms. Both bedrooms are large with old fashioned parkade floors to give more character to the property. The bathroom also enters from the dining room but also have another entrance to the main bedroom. This full bathroom is updated and spacious and need minor attention. Although this property needs your love and vision it is in a good central location. The land is a good size and with the right vision this could be anybody`s dream home. There is enough space to expand the house so it could cater for most families. At this price it is an ideal starter home with the opportunity to put your stamp on it and build from there to become your dream home. It is perfect for retirement without stairs and the level land also with the opportunity to create your comfortable retirement space central to malls and hospitals. Whoever buys this fixer upper and put the love back into the property will end up with equity on the property and that makes it a strong investment apart from the few minor challenges that need to be repaired. Let`s view the property and you will see why you need to make an offer fast. Even with the required work this property will not stay on the market for long. Call me now....
Estimated monthly repayment
R 9 302
on a R 886 500 bond over 20 years at 11.25%
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Margate, Margate, Margate, KwaZulu-Natal
Fair-value check
Good valuePriced 24% below comparable 3-bed houses for sale in Margate
Based on 101 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Busisiwe Brown
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