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19 Svea Avenue, Uvongo, Margate, KwaZulu-Natal
R 1 050 000
If you're looking for a renovation project with exceptional potential, this property is well worth your attention. Set in a sought-after location with breathtaking sea views, it offers the perfect opportunity for investors, renovators or buyers looking to create their dream coastal home while adding significant value. The home offers three bedrooms, including a spacious double room, a splash pool, a separate one-bedroom flat and a double carport, providing excellent accommodation and flexibility. The layout and location make it an ideal property to renovate, modernise and potentially flip for a profit. The home does require substantial TLC and buyers should budget for renovations. In particular, the ceiling in the living area requires replacement, along with various other upgrades throughout the property. However, the asking price has been set to reflect the work required, making this an excellent value proposition. Properties in this location with views like these are becoming increasingly difficult to find at this price. With vision and some investment, this could be transformed into a truly outstanding coastal property.
Estimated monthly repayment
R 9 915
on a R 945 000 bond over 20 years at 11.25%
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19 Svea Avenue, Uvongo, Margate, KwaZulu-Natal
Area view — the exact address is shared on enquiry.
Fair-value check
Good valuePriced 37% below comparable 3-bed houses for sale in Uvongo
Based on 50 comparable listings
A market signal from comparable listings — not a formal valuation.
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