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Calling all investors!!

In the heart of Margate. This property is offering you 11 units which 8 are 2 bedrooms and 1 bathroom, 3 x 1 bedroom and 1 bathroom, 9 units are fully tiled out and 2 units are wooden units, secure parking with 6 lockup garages, and 4 carports.  Only one unit has no parking. These units are modernly built with build in cupboards, roof fans in each room and lounge to open plan kitchen. Units all have pre-paid electricity and water with a 10000liter JOJO tank set up with a pump connected to these spacious units.

A short drive or walking distance to all amenities and the main beach. This property does have a good income on a monthly basis on retail and few units are let out for vacationers.

To set up an appointment to view feel free to give me a call!    

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Updated on June 23, 2024 at 12:54 pm

  • Reference #: 1345729
  • Price: R5,980,000
  • Suburb / Town: Hibiscus Coast
  • Property Type: Apartment / Flat
  • Bedrooms: 19
  • Bathrooms: 11
  • Living Areas: 12
  • Garage: 6
  • Stand Size: 2025.0 ㎡
  • Rates & Taxes: R 2100

Additional Features

  • Carports:4
  • Bedroom Features:
  • 8 x 2 bedrooms with roof fans and built-in cupboards 3 x 1 bedroom with roof fans and built-in cupboards
  • Bathroom Features:
  • 11 bathrooms
  • Kitchen Features:
  • open plan with built in cupboards and roof fan
  • Garden Features:
  • communal garden and braai area
  • Security Features:
  • burglar bars on all units with ADT security alarms on each unit

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