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Margate, Margate, Margate, KwaZulu-Natal
R 2 000 000
Income-Generating Dual-Unit Property in the Heart of Margate - This exceptional property presents an incredible opportunity for those looking to invest in a versatile, income-generating home or for extended families seeking a dual-living setup. Perfectly positioned in the heart of Margate, this property offers two fully equipped units, each with its own unique charm and functionality. Unit 1 is a spacious and well-designed home featuring two generously sized bedrooms, both with full en-suite bathrooms, ensuring comfort and privacy for residents or guests. The expansive lounge area is a standout feature, offering breathtaking sea views, making it the perfect space to relax and unwind. The large, modern kitchen is designed for convenience, providing ample counter space and storage for all your culinary needs. This unit also benefits from prepaid electricity, giving you complete control over your energy usage. Whether you're looking for a permanent residence, a holiday home, or a rental investment, this unit is sure to impress. Unit 2 is equally appealing, offering a spacious three-bedroom layout with two bathrooms, making it ideal for families or tenants. The open-plan kitchen and lounge area creates a seamless flow, leading out to a balcony with a built-in braai—perfect for entertaining and enjoying Margate’s coastal lifestyle. The kitchen is equipped with a gas hob and a separate scullery, adding both functionality and convenience. Some bedrooms are carpeted, but they have been well maintained, ensuring a warm and inviting atmosphere. Beyond the individual unit features, the property as a whole offers two garages and ample parking space, making it ideal for multiple occupants or tenants. With two properties for the price of one, this is an unmissable opportunity for investors or homeowners looking to maximize their return. Don’t miss out—secure this incredible property today!
Estimated monthly repayment
R 18 887
on a R 1 800 000 bond over 20 years at 11.25%
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Margate, Margate, Margate, KwaZulu-Natal
Fair-value check
Fairly pricedIn line with comparable 5-bed houses for sale in Margate
Based on 25 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Carel Olivier
Pam Golding Properties - Port Shepstone / Margate
Unclaimed listing — claim it to verify
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