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Apartment complex for Sale in Margate
R 5,750,000
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5 months ago235 views
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General Details
Location:
For Sale By:Agency
Description
Welcome my name is Steven, your South Coast real estate partner. Let's navigate property together. I'm devoted to transforming your aspirations into dwellings. Your dream is my mission. Let's make it real.
If you require Photos or any information regarding this property, Please feel free to contact me or What’s app me.
Investor's Delight in Margate!
Nestled in the heart of Margate, this property presents a golden opportunity for investors! Featuring 11 units, including 8 cozy 2-bedroom, 1-bathroom units and 3 stylish 1-bedroom, 1-bathroom units, this investment promises both comfort and versatility. Nine of the units boast elegant tiling, while two flaunt charming wooden finishes.
Secure your investment with ample parking, including 6 lockup garages and 4 carports. Only one unit lacks parking, ensuring convenience for your tenants. These well-crafted units are adorned with built-in cupboards, roof fans in every room, and a seamless open-plan layout from lounge to kitchen.
Enjoy the benefits of pre-paid electricity and water for all units, coupled with a smart 10000-liter JOJO tank equipped with a pump to serve these spacious dwellings. Rest easy knowing that security is a top priority, with 24-hour armed reaction on-site.
Convenience meets lifestyle with a short drive or walk to all amenities and the pristine main beach. Not only is this property a lucrative retail space, but it also accommodates vacationers, ensuring a steady and diversified income stream.
Don't miss out on this lucrative investment opportunity! Call me today to schedule a viewing and witness the potential first-hand.
Property Reference #: RL1386
Agent Details:
Steven Plint
Real and Proper T
No 1 Bank Street (Corner Bank Street and Marine Drive)
Margate
KwaZulu Natal
If you require Photos or any information regarding this property, Please feel free to contact me or What’s app me.
Investor's Delight in Margate!
Nestled in the heart of Margate, this property presents a golden opportunity for investors! Featuring 11 units, including 8 cozy 2-bedroom, 1-bathroom units and 3 stylish 1-bedroom, 1-bathroom units, this investment promises both comfort and versatility. Nine of the units boast elegant tiling, while two flaunt charming wooden finishes.
Secure your investment with ample parking, including 6 lockup garages and 4 carports. Only one unit lacks parking, ensuring convenience for your tenants. These well-crafted units are adorned with built-in cupboards, roof fans in every room, and a seamless open-plan layout from lounge to kitchen.
Enjoy the benefits of pre-paid electricity and water for all units, coupled with a smart 10000-liter JOJO tank equipped with a pump to serve these spacious dwellings. Rest easy knowing that security is a top priority, with 24-hour armed reaction on-site.
Convenience meets lifestyle with a short drive or walk to all amenities and the pristine main beach. Not only is this property a lucrative retail space, but it also accommodates vacationers, ensuring a steady and diversified income stream.
Don't miss out on this lucrative investment opportunity! Call me today to schedule a viewing and witness the potential first-hand.
Property Reference #: RL1386
Agent Details:
Steven Plint
Real and Proper T
No 1 Bank Street (Corner Bank Street and Marine Drive)
Margate
KwaZulu Natal
Id Subtitle 1248249980
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Estimated monthly repaymentR 62,314
Total property loan amountR 5,750,000
Total interestR 9,205,158
Total repaymentR 14,955,158
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Real and Proper T
Selling for 3+ years
Total Ads391
Active Ads391
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