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24
R 5,400,000
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Property Address:Ramsgate, RamsgateExcellent Developers Right opportunity, excellent location(Please note: Section 25 of Sectional Title Act relevant) â?¢ Brilliant opportunity for Developer. â?¢ Zoned for up to 27 x 2&3 bedroom units where you would enjoy sea- views from every room (or build your dream home)â?¢ Sectional title already registeredâ?¢ infrastructure (electrical and reticulation in place).â?¢ Land needs very little preparation/attention prior to building (leveled ground). â?¢ just 100m to the sought after Ramsgate beachâ?¢ surrounded by popular developments and restaurants and tourist attractionsâ?¢ Hot buyâ?¢ Sizzling hot location â?¢ R5.4m and youll be owning the right to develop pure coastal paradise.Property Reference #: 1454Agent Details:Lorraine FerreiraProperty Plus InvestmentsShop 19 Rondevoux, William OConnor Drive, Margate, DurbanUmtentweni
27min
14
R 900,000
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Property Address:Margate, MargateYour Own Holiday Apartment At The Beach!180 C sea view, 6th floor, beautiful family holiday flat, 100m from the beach. Fully furnished, 3 bedrooms, main bedroom with double bed and full on-suite bathroom, other two rooms share a bathroom. Fully Furnished. Built in cupboards in all the rooms. New kitchen with granite tops, open plan with dining area. Full DSTV, Kids play area and braai facility in the front of the building and at the back by the pool. Second pool for kids. Restaurant and hair dresser in the building. 24 hour security, with security gate leading to the beach. Under roof parking and plenty extra parking available. Good income for renting out. Beautiful views! A must see!!Floor Area 96 m²,Land Area 7312 m²Property Reference #: 1939Agent Details:Lorraine FerreiraProperty Plus InvestmentsShop 19 Rondevoux, William OConnor Drive, Margate, DurbanUmtentweni
27min
9
R 958,000
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Don’t miss the chance of a lifetime to view this lovely big stand with ocean views. It is situated in the lovely and secure village of Ramsgate in Kwa-Zulu Natal, South Africa. This stand is walking distance to Ramsgate main, Blue Flag Beach, Whale deck and restaurants Close to schools, shopping centers and even Margate airport.With building rights for a complex, 3 stories high with above basement parking, residential units or even with special consent a Retirement Village you can create an extraordinary opportunity to generate a huge income.Property Reference #: 7002001-31888Agent Details:Alet SmitEXP RealtySouth Africa13 Nankies Nook Eldoraigne , Eldo Park Estate , 157
6d
3
R 650,000
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Do you want to build your dream retirement or holiday home on the beautiful Hibiscus Coast, then this 1027sqm plot is just for you.Margate is well known for its beautifull weather all year round with Blue Flag beaches.Property Reference #: LFKP-0937Agent Details:Michele VossLeapfrog Property Group255 Main Road, Walmer Port Elzabeth
4h
16
R 3,500,000
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Large family home on huge stand for sale in Ramsgate. The property is one road back from the sea, so the uninterrupted views of the ocean are amazing. The house is built far back on the stand with the rolling lawns in front of it. There is ample space to build a few cottages for those wanting to rent them out for holiday makers. This home needs a little TLC to restore it to its original glory but has huge potential. Call us today to view this wonderful sea side home.Property Reference #: RL2518Agent Details:Chantal HartleyCAM PropertiesShop 20 Uvongo SquareFoster StreetUvongo
2mo
25
R 5,750,000
SavedSave
Welcome my name is Steven, your South Coast real estate partner. Lets navigate property together. Im devoted to transforming your aspirations into dwellings. Your dream is my mission. Lets make it real. If you require Photos or any information regarding this property, Please feel free to contact me or What’s app me. Investors 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.Dont miss out on this lucrative investment opportunity! Call me today to schedule a viewing and witness the potential first-hand.Property Reference #: RL1386Agent Details:Steven PlintReal and Proper TNo 1 Bank Street (Corner Bank Street and Marine Drive)MargateKwaZulu Natal
1mo
25
R 3,500,000
SavedSave
Welcome my name is Steven, your South Coast real estate partner. Lets navigate property together. Im devoted to transforming your aspirations into dwellings. Your dream is my mission. Lets make it real. If you require Photos or any information regarding this property, Please feel free to contact me or DM me. Nestled on an expansive plot, this impressive face brick property, adorned with a charming thatch roof, offers a myriad of possibilities for the discerning entrepreneur. Boasting three generously proportioned free-standing wooden cabin cottages, two of which feature one bedroom and one bathroom open-plan layouts, while the third comprises a meticulously designed two-bedroom, one-bathroom open-plan unit currently undergoing the finishing touches.Once a thriving bed and breakfast lodge, this property has undergone a metamorphosis into a stunning mansion, now capable of hosting numerous guests with style and grace. The main house comprises four bedrooms, two of which boast en-suite facilities complete with showers. The master bedroom, a regal retreat fit for a king, has undergone a modern transformation, featuring an open-plan bath, separate shower, his and her basins, and dual walk-in closets. The pièce de résistance is the bedrooms wooden deck balcony, offering panoramic views of the pool and the breath-taking seascape.With a recent renovation providing nine rentable units, each equipped with a bedroom, kitchen, and bathroom, the property yields a monthly income of R25,000, with additional vacant units awaiting potential tenants. The meticulously designed kitchen exudes a rustic charm and ample storage, complemented by a separate storage room and an expansive walk-in fridge store room strategically positioned with glass doors facing the entertainment and dining areas.A remarkable entertainment hub, the property features a super man cave bar area, sure to be a topic of conversation and delight among male guests. The lower level extends to a lounge and compact gym area, leading seamlessly to the vast garden and pool oasis. A second living area encompasses a study and guest toilet, with stairs ascending to the main bedroom and an additional guest en-suite bedroom.Adjacent to the study is another en-suite room and a convenient laundry room, providing practicality and functionality. This area connects to a second lounge, which in turn opens onto the enchanting garden and pool area. A small built chapel and a Wendy house for storage, complete with an attached dog house, enhance the propertys versatility.Adding to its allure, the property shares boundaries with a nature conservancy, ensuring an unobstructed and awe-inspiring environment. With its immenseHas PoolProperty Reference #: RL1491Agent Details:Steven PlintReal and Proper TNo 1 Bank Street (Corner Bank Street and Marine Drive)MargateKwaZulu Natal
1mo
20
R 2,550,000
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This expansive freestanding property boasts five fully rented units, ensuring a consistent and attractive return on investment. Situated in a central location, mere steps away from shops, amenities, and the beach, it offers unparalleled convenience for both tenants and future owners. While it may require a bit of tender loving care, the potential for a lucrative investment is undeniable.This property features a refreshing pool, providing a perfect retreat for tenants on hot summer days. Whats more, it offers two entrances with gates on separate roads, enhancing accessibility and security.Lets delve into each unit:Unit 1 welcomes you with a charming enclosed patio, leading into a spacious kitchen and lounge area. Additionally, it offers a large room that could serve as an entertainment area or an extra bedroom, along with a convenient laundry and guest toilet.Unit 2 impresses with its generous size, potentially accommodating three bedrooms. It features a well-appointed kitchen, dining area, and lounge—all tastefully tiled throughout.Unit 3 mirrors the spaciousness of Unit 2, boasting what could easily be three bedrooms. With its tiled floors and ample living space, it offers comfort and functionality, along with the added bonus of a sea view.Unit 4 presents a cozy yet practical layout, comprising three bedrooms, a lounge, dining area, kitchen, and an inviting enclosed patio.Unit 5 charms with its inviting enclosed patio, spacious kitchen, dining area, and two comfortable bedrooms, accompanied by a well-appointed bathroom.This property truly needs to be seen to be fully appreciated. Dont miss out on this incredible opportunity to invest in a versatile and income-generating property in the heart of Manaba. Schedule a viewing today and unlock the full potential of this gem!Has PoolProperty Reference #: PTR1072Agent Details:Pieter KrugerPropertyTimeUmtentweni
6h
25
R 2,550,000
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This expansive freestanding property presents five units, with four currently generating steady rental income, making it a lucrative prospect for savvy investors.Strategically located within walking distance to shops, amenities, and the pristine beach, this property offers unparalleled convenience for tenants. While it may require some tender loving care, the potential for significant returns is undeniable.Unit 1 epitomizes spacious living with its three bedrooms, generously-sized lounge, dining area, and kitchen. The airy ambiance is complemented by a unique feature—a khoi dam, currently serving as a small pool, adding a touch of tranquility.Unit 2 is currently undergoing maintenance but holds promising potential for future rental opportunities. Like its counterparts, it boasts ample space and functionality.Unit 3 offers comfortable living with two bedrooms, two bathrooms, a well-appointed kitchen, and a lounge. Additionally, a study provides versatility and could easily be converted into an additional bedroom, enhancing its appeal.Unit 4 features two bedrooms, a bathroom, kitchen, and lounge—perfect for tenants seeking a cozy yet practical living space.Each unit includes parking facilities and a patio, ensuring convenience and outdoor enjoyment for residents. Furthermore, a spacious communal yard provides ample space for recreation and relaxation.Dont miss out on this rare chance to invest in a property that promises both immediate rental income and long-term growth potential. Contact us today to seize this opportunity and elevate your investment portfolio in Manaba!Has PoolProperty Reference #: PTR1071Agent Details:Pieter KrugerPropertyTimeUmtentweni
6h
20
R 1,130,000
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Being a homeowner, wife, and mom myself, I understand the importance of a home that fosters long-lasting memories. At this attractive family home, you will find a treasure trove of stories and delights! The current homeowners have created a warm and inviting atmosphere that is sure to captivate you. Be prepared to be wowed by a delightful blend of comfort and character, making it the perfect place to call home. With an abundance of tales waiting to be shared, imagine the memories youll create in this special haven. Nestled in the sought-after neighborhood of Uvongo, this exquisite duplex presents a rare opportunity for pet owners seeking a sophisticated dwelling. Beyond the elegant façade, discover a residence boasting 3 tastefully appointed bedrooms, 2 impeccably designed bathrooms as well as a guest toilet. The entire unit is equipped with ceiling fans, promising year-round comfort.An expansive open plan living and dining area beckons both relaxation and social gatherings, effortlessly blending form and function. The stylishly modern kitchen, adorned with luxurious granite countertops, sets the stage for culinary excellence. Two of the 3 bedrooms, resplendent with natural light, boast their own private balconies, overlooking the meticulously landscaped garden. Prepare to be captivated by the opulent air-conditioned master suite, complete with an indulgent en-suite bathroom featuring a soothing bath, basin, and toilet. A serene and charming patio with a braai area ensure idyllic outdoor living. Discover the convenience of extra storage beneath the stairs and on the upper level landing area. Notable additional amenities include a private courtyard, outdoor toilet, laundry room, and an enclosed garage. Abundant parking space and the advantage of being a corner unit with just one neighboring property create a sense of exclusivity. Dont miss the opportunity to make this exceptional duplex, your forever home.Property Reference #: PTR683Agent Details:Eurische van RooyenPropertyTimeUmtentweni
6h
25
R 25,900,000
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Welcome to our exceptional banana farm, where success and prosperity await you from day one! This remarkable property on the picturesque South Coast is a thriving, premium banana farm with a difference. Our dedicated farmer has spared no effort or expense to transform this farm into one of the finest banana plantations in the region.What sets this farm apart is its commitment to quality and self-sufficiency. With a whopping 92.6 hectares of land, 85,000 meticulously nurtured banana trees, and advanced micro-irrigation systems, this farm yields a consistent average of 24 tons (1300 boxes) of top-quality bananas per week, all year round. And with 30,000 new trees ready to produce in the next few months, the potential is bound to soar to an impressive 36 tons weekly!Gone are the days of dealing with middlemen – we pride ourselves on taking our premium bananas directly to market under our exclusive brand name. With a new 16-ton truck at our disposal, we command top market prices, maximizing your returns without any additional cost.But thats not all! Besides the thriving banana business, theres a hidden treasure – 2 hectares of 20-year-old Macadamia trees, brimming with potential additional income.Water is the lifeblood of any farm, and weve got it covered. Our main 4.3-hectare dam, boasting full water rights, has never dried up, guaranteeing a constant water supply for the entire farm. The 47kw and 30kw pumps ensure water is readily available whenever needed. Plus, with a newly built 1-hectare dam, we have expansion plans in mind to utilize 15 hectares of fertile land for other desirable crops in the future.To make your journey into this flourishing banana paradise even smoother, we offer a fully-equipped banana pack shed with cutting-edge facilities. Packing bananas has never been quicker or easier!Now, lets talk about the luxurious living situation. Perched atop a hill, the newly built Main Home offers a breathtaking view of the entire farm. With an open-plan kitchen, granite countertops, ample cupboard space, and a separate scullery, the modern conveniences are simply unbeatable. The spacious lounge and dining room add to the sense of space and comfort. A man cave, complete with a built-in bar and braai area, adds a touch of relaxation and entertainment.The Main Home features a main en-suite bedroom with a stunningly designed bathroom, complete with a shower and spa bath. The other three beautifully designed bedrooms with built-in cupboards and a study offer ample space for family and guests. With a lovely patio overlooking a sparkling blue pool and a landscaped yard, you can unwind and enjoy the tranquility of your surroundings.But heres the real magic – this home is entirely off the grid! Solar panels and an inverter power the entire house, while a borehole supplies all your water needs through JoJo tanks.Security is paramount, and weve got you covered. CCTV cameras, an electric fence, and 24-hour armed response ensure...Has PoolProperty Reference #: PTR624Agent Details:Pieter KrugerPropertyTimeUmtentweni
6h
11
R 450,000
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1794 m2 Spacious Beautiful Piece of Land with a sea views Ready to Build your Dream home. Within walking distance of a blue flag beach.The land has been cleared of all trees and foliage Fenced with Prefab Concrete Fencing. Secured with a Gate and lock.Also the driveway has been cleared and cleaned .The land is ready to build ,the plot has been resurveyed and beacons erected. Engineering reports have been performed and plans have been submittedRates And Taxes: 420Property Reference #: 14012Agent Details:Sfiso MavundlaOkandivi PropertiesLydenburg, MpumalangaLydenburg
2mo
6
R 120,000
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If you are tired of the city life, this is for you. Come build your holiday or retirement home here on the South Coast of Natal. Within 10 minutes from a Mall, Hospital and schools as well as restaurants and shops.Peace and quiet is what you will get with the sound of birdlife all around you. Dont delay, come see for your self.Rates And Taxes: 450Property Reference #: 7002001-1914Agent Details:Alet SmiteXp Realty - Steven Johnstone Group1 Apple StreetKenilworthCape Town7708
3mo
25
R 2,450,000
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Entertainers Dream...This exquisite large family home situated in Ramsgate is perfectly designed to take full advantage of the breath-taking sea views and lush gardens. From a grand entrance through a spacious indoor entertain area/large reception room you walk past a beautiful enclosed atrium. You the walk to a wonderful large lounge/bar area opening onto a large undercover patio with a beautiful view of a large crisp swimming pool. A lovely large granite kitchen with separate scullery is to be found directly next to a well spaced dining area.This incredible home consists of 4 bedrooms upstairs, two are en-suite, the main bedroom also having a separate walkin dressing room. The fifth bedroom downstairs also en-suite and has direct access to a second undercover patio leading straight onto the pool. This property is a must view!Contact me today to view this amazing property.Has PoolProperty Reference #: RL2417Agent Details:Rob FarquharsonCAM PropertiesShop 20 Uvongo SquareFoster StreetUvongo
1mo
25
R 1,650,000
SavedSave
Discover the allure of this exceptional property nestled on Strachan Road, offering a rare opportunity for further development. Situated amongst the few remaining stands awaiting transformation, this parcel boasts an existing 1-bedroom cottage, thoughtfully appointed and sold fully furnished, providing immediate comfort and convenience.Envision the extraordinary possibilities of building your dream home on this remarkable land, where breathtaking views await to captivate your senses. Embrace the serenity of coastal living with the convenience of a leisurely stroll to the beach, offering a tranquil escape mere moments from your doorstep.Seize the chance to explore the boundless potential of this property firsthand. Contact us today to schedule a private tour and allow us to illustrate the endless opportunities awaiting you. Whether you choose to reside in the cottage during the construction of your new home or simply enjoy its charm for now, the possibilities are as endless as the horizon stretching before you.Property Reference #: RL1538Agent Details:Gert Van ZylReal and Proper TNo 1 Bank Street (Corner Bank Street and Marine Drive)MargateKwaZulu Natal
1mo
25
R 1,949,000
SavedSave
Hello, Im Lerato, your dedicated real estate agent specializing in the picturesque South Coast. My passion is to transform your dream of owning the perfect coastal home into a reality. Nestled in this serene locale are luxurious properties boasting breathtaking sea views and vibrant neighborhoods. With my expertise and professionalism, I strive to make your home-finding journey seamless and enjoyable. Feel free to reach out with any inquiries – Im here to assist you every step of the way.Welcome to this stunning Margate residence offering breathtaking sea views and abundant space. Nestled in a prime location, this two-story home beckons with its charm and elegance. As you step inside, youre greeted by an open-plan kitchen seamlessly flowing into a spacious lounge area, complemented by a convenient scullery. Upstairs, a generously sized lounge and sitting room await, perfect for relaxing or entertaining guests. With five bedrooms, including a luxurious en-suite, comfort and style abound throughout. Outside, a sparkling pool beckons, accompanied by an enclosed entertainment area, ideal for gatherings and leisurely afternoons by the water. This home also features two automated garages, a JoJo tank for added convenience, and close proximity to amenities. Dont miss out on the opportunity to make this your dream home. Schedule your viewing today and let the beauty of coastal living embrace youHas PoolProperty Reference #: RL1537Agent Details:Lerato MakwelaReal and Proper TNo 1 Bank Street (Corner Bank Street and Marine Drive)MargateKwaZulu Natal
1mo
25
R 1,690,000
SavedSave
LISTING UPDATED 17 JAN 2024 Hello there! Allow me to introduce you to an exquisite family haven tucked away in the heart of Uvongo. This delightful property, graced with 3 bedrooms and 2 bathrooms, plus a granny flat is a harmonious blend of comfort and convenience.Upon entering, youll be embraced by an open-plan living area that seamlessly merges the lounge and dining spaces, creating an inviting ambiance. The living area extends graciously to a meticulously landscaped, level garden at the rear—a serene oasis perfect for outdoor leisure and family gatherings.The kitchen, recently renovated and a focal point of elegance, boasts generous cupboard space and stunning granite countertops, elevating meal preparation to an enjoyable experience. Adding to the allure, theres a separate 1-bedroom flat on the property, also tastefully renovated, featuring its own modern kitchen adorned with sleek granite countertops.Positioned in a sought-after locale, this home offers proximity to various amenities and is just a leisurely stroll away from the scenic beaches of Uvongo. Whether youre seeking a comfortable family residence or a property with the potential for rental income, this gem is a must-see.Contact me, Debbie Meth, your dedicated realty agent, to arrange a viewing. Lets transform your real estate aspirations into reality and discover the charm and convenience this property has to offer.Property Reference #: RL1039Agent Details:Debbie MethReal and Proper TNo 1 Bank Street (Corner Bank Street and Marine Drive)MargateKwaZulu Natal
1mo
25
R 1,750,000
SavedSave
Hello and welcome, I am Petro, your trusted Real Estate Companion specializing in the Lower South CoastLets embark on this journey together....My commitment is to turn your aspirations into tangible reality and transform your dreams into actualityShould you have any inquiries or require additional information, do not hesitate to reach out.I am at your service seven days a week, ready to assist you in any way i can.Welcome to Your Dream Oasis on the South CoastNestled in the heart of the South Coasts most prestigious area, this double-story modern masterpiece offers an unparalleled lifestyle, with views that stretch across the serene Margate Country Club. From the moment you enter through the majestic handcrafted wooden door, you’re enveloped in luxury, space, and light.Elegance RedefinedThe ground floor unfolds into an expansive open-plan living and dining area, where high ceilings and large windows invite the outside in, filling the home with natural light and the tranquil views of lush greenery. To the left, a chef’s delight kitchen awaits, equipped with the finest appliances and designed for both functionality and style. To the right, the living spaces flow seamlessly, designed for entertaining and relaxation alike.A Sanctuary of SerenityAscend to the private realms of the upper level, where the master bedroom suite offers a secluded escape. Step out onto your private balcony, a tranquil spot to breathe in the fresh morning air or to toast the sunset. The ensuite master bathroom, spacious and elegantly appointed, promises a daily spa-like experience, ensuring every day begins and ends in luxury.Designed for the DiscerningWith meticulous attention to detail, this home is equipped with top-tier security, high-speed internet for all your connectivity needs, wheelchair accessibility ensuring inclusivity, and a backup water system for uninterrupted comfort. The substantial 80-square-meter outbuilding offers endless possibilities, from a home office to a creative studio or additional living space.The Convenience of LocationPositioned for both privacy and convenience, this gem is just a stone’s throw from shopping, dining, healthcare facilities, and easy highway access, putting the best of Kwa-Zulu Natal within easy reach.A Rare OpportunityThis is more than a home; its a lifestyle choice for those who demand excellence and seek a harmonious balance between modern luxury and the beauty of nature. Seize this rare opportunity to own a piece of paradise, where luxury meets lifestyle, and every day feels like a holiday.Property Reference #: RL1492Agent Details:Petro BreytenbachReal and Proper TNo 1 Bank Street (Corner Bank Street and Marine Drive)MargateKwaZulu Natal
1mo
21
R 1,380,000
SavedSave
Welcome to this charming family home nestled in the heart of Uvongo ext 1, offering the perfect blend of comfort, convenience, and versatility. Situated on level land, this property presents a delightful 3-bedroom main residence accompanied by a separate cottage, ideal for extended family or rental income.Upon entering the main residence, youre greeted by an inviting open-plan lounge and dining area, providing a warm and welcoming ambiance for gatherings and relaxation. Adjacent to the dining area lies a well-appointed kitchen boasting melamine countertops and ample storage space, creating a functional and practical culinary environment. For added convenience, a closed courtyard accessible from the kitchen offers a private outdoor retreat.The main residence features three generously sized bedrooms, all enhanced with built-in closets and ceiling fans for optimal comfort. A full bathroom, complete with a bathtub, shower, toilet, and basin, serves the first two bedrooms, while the master bedroom boasts the luxury of an en suite bathroom and a spacious walk-in closet, providing a serene sanctuary for unwinding after a long day.Stepping outside, discover a covered and enclosed entertainment area, perfect for hosting gatherings or simply enjoying alfresco dining year-round. Beyond this, a covered patio with a built-in braai offers an idyllic spot for outdoor cooking and relaxation, ensuring endless hours of enjoyment for the whole family.Completing this property is a separate granny cottage, featuring a comfortable lounge area, a convenient kitchenette, and a cozy bedroom with an en suite bathroom, offering additional living space or potential rental income.Additional features include a lock-up garage with electric doors, providing secure parking for one vehicle, as well as two additional carports located at the rear of the property, ensuring ample parking space for residents and guests alike. Jojo Tank water back up. Not pumped. Sea views from the patio and front gardens. Lovely clean and neat area.Conveniently located close to all amenities, including schools, shops, and recreational facilities, this delightful family home presents an exceptional opportunity to embrace a relaxed coastal lifestyle in the heart of Uvongo. Dont miss your chance to make this property your own – schedule a viewing today!Property Reference #: RL1515Agent Details:Jessica PretoriusReal and Proper TNo 1 Bank Street (Corner Bank Street and Marine Drive)MargateKwaZulu Natal
1mo
22
R 2,445,000
SavedSave
Welcome my name is Steven, your South Coast real estate partner. Lets navigate property together. Im devoted to transforming your aspirations into dwellings. Your dream is my mission. Lets make it real. If you require Photos or any information regarding this property, Please feel free to contact me or DM me. Attention Investors! An incredible opportunity awaits with this property featuring a main house and 8 flat lets for sale in the heart of Margate. This versatile investment boasts a strategic location and a range of rental units, making it a lucrative venture.The property comprises:• 5 x 1-bedroom units with 1 bathroom, kitchen, and parking• 3 x 2-bedroom units with 1 bathroom, kitchen, and parking• 1 x 3-bedroom main house with 2 bathrooms, kitchen, lounge, dining room with a sea view, cemented driveway, electric fencing, and an alarm systemEnjoy a steady income stream of R33,000 per month with flexible month-to-month lease agreements in place. The property also features a bird aviary built on the rear side of the 3 lock-up garages, accompanied by 2 storage rooms. Each unit is equipped with prepaid electricity meters for added convenience.The communal garden, though modest, is well-maintained, and a pool on the property offers potential for renovation, turning this into a sought-after self-catering holiday destination. With a mere 5-minute drive to the main Margate beach, proximity to amenities, and a short walking distance to pubs and restaurants, this property caters to the needs of both tenants and holidaymakers.Unlock the full potential of this investment by arranging a viewing today. With a little TLC and strategic adjustments, this property could become a thriving rental income or a popular spot for seasonal visitors. Dont miss out on this promising opportunity! Call today to schedule your viewing.Has PoolProperty Reference #: RL1464Agent Details:Steven PlintReal and Proper TNo 1 Bank Street (Corner Bank Street and Marine Drive)MargateKwaZulu Natal
1mo
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