2 Bedroom House in Margate

R 1 300 000

Michele Defilippi

Property Port

2 Bedroom House in Margate

R 1 300 000

2 Beds
1 Baths
Land Area 1135 m²
Rates R 912

Large home converted into 4 flats all with own entrance!

Retire with income! This charming home which has been converted into 4 units is close to the hospital and shopping centres. All units are fully self contained and have been designed to give privacy and generate a combined rental income of R9000.00 per month. Perfect location, perfect place for you to retire with an income. Good investment! A MUST VIEW!

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Key Property Features

2
Bedrooms
1
Bathrooms
1
Dining Areas
1
Lounges

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Monthly Repayment

Loan Value (Capital) R 0
Total Interest R 0
Total Repayment R 0
Interest at 10.5% for 20 years
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* 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.

Experience Margate

If you’re an avid fisherman, surfer or just someone that loves glorious beaches, coastal forests, magnificent coral reefs and endless sunny days, then the South coast is the place for you. The heart of the KZN South Coast, from Shelly Beach to Ramsgate, has a vibrant atmosphere yet very laid-back lifestyle. The area boasts an abundance of leisure and sporting facilities. People go to work dressed very casually, residents are surrounded by holiday makers, restaurants are always busy and beaches are always attractive.

Find out more about Margate

2 Bedroom House in Margate

R 1 300 000

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