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405 Colonial Sands, 23 Lagoon Road, Margate, Margate, KwaZulu-Natal
R 1 490 000
Prime Sea-Facing Investment Apartment. This modern, fully furnished 4th floor apartment, ideally positioned on the MargateManaba Beach border, presents a rare opportunity for both investors and holidaymakers. Already an active holiday letting property, it has confirmed bookings for December 2025making it a secure income-generating investment from the start.Enjoy sweeping 180-degree, unobstructed sea and breaker views from the expansive balcony that spans the entire length of the apartment. The balcony is directly accessed from the lounge, the main bedroom, and a second bedroom, while the third bedroom is set on the inland side.The open-plan lounge, dining area, and kitchen create a welcoming living space, all complemented by air-conditioning in every room. The kitchen is sleek and functional, featuring black granite tops, wood cabinetry, and modern appliances including a dishwasher and washing machine.The complex is designed for convenience and lifestyle, offering direct access to the beach, a communal swimming pool, a games area, and 24-hour CCTV with on-site manned security. Two basement parking bays, a storeroom, and recently completed exterior painting add further value. Small dogs are permitted with prior body corporate consent.Whether youre looking for a ready-to-go holiday apartment or a high-return investment, this property delivers on all fronts. Contact me today for more information or to arrange a private viewing. Show more Show less
Estimated monthly repayment
R 14 071
on a R 1 341 000 bond over 20 years at 11.25%
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405 Colonial Sands, 23 Lagoon Road, Margate, Margate, KwaZulu-Natal
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Fair-value check
Fairly pricedIn line with comparable 3-bed apartments for sale in Margate
Based on 172 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Deon Pretorius
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