205 m² Commercial space in Margate
R 14 500 000
Modern holiday resort with great ROI for sale. A fantastic investment opportunity awaits.
Own this entire seaside holiday complex, consisting of 8 units with a total of 24 bedrooms and able to accommodate 64 guests. The property is located on the border between Margate and Ramsgate, less than 20m from the shoreline.
The financial statements of the body corporate are extremely healthy, and the rental income generated from Airbnb revenue makes this a once in a lifetime investment opportunity.
All units have recently been revamped with stylish modern interior, high quality furniture and state of the art appliances. All furniture and appliances are included in the sale.
*** Villas 1 to 4***
- Double storey duplex
- 3 Bedrooms
- 2.5 bathrooms (main en-suite)
- Open plan lounge, dining room and kitchen
- Undercover patio with braai
- Single garage with automatic door and ''n single reserved parking bay
*** Villas 5 to 8***
- Triple storey duplex
- 3 Bedrooms
- 2.5 bathrooms (main en-suite)
- Open plan lounge, dining room and kitchen
- Undercover patio with braai
- Separate laundry
- Single garage with automatic door and a single undercover parking bay
The complex has a generator, communal swimming pool, games room and staff accommodation.
The financials of the body corporate, as well as the rental enterprise is available for inspection by pre-approved buyers after signing an NDA.
I look forward to receiving your enquiries on this fantastic investment opportunity.
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