Hotel in Margate

R 2 000 000

Lorraine Ferreira

Property Plus Investments

Hotel in Margate

R 2 000 000

12 Beds
7 Baths

Margate! Property with Self Catering Cottages for Sale!

Income Generator!! Property with Self Catering Cottages! Consisting of 2 x 2 bedroom and 3 x 1 bedroom self catering cottages - each with small fully enclosed private garden and private braai area, fully equipped kitchen, lounge and dining areas

There is also the large main house with 3 bedrooms, 2 bathrooms, dining and lounge area with kitchen. Sit back and relax on the balcony with lovely sea views.

There are fans in all the bedrooms as well as in the lounges.

The property is well secured (including electric fencing which is linked to an armed response company), clean and quiet at night. There is ample secured under-cover parking.

The property has a fenced swimming pool with a baby pool, plus a jungle gym and a bunny hutch for the kids. It is tucked away from the other cottages and has a private garden and own gate leading to the pool. Staff and store rooms.

Zoned as Special Residential. Books available to a serious buyer. Annual gross income plus minus R500 000,00.

Nearby activities include numerous renowned golf courses, mini golf, go-carting, deep sea fishing, and visits to Croc World, the Wild Coast Casino, endless restaurants, shops, malls, and one stunning beach after the other. The Wild Coast Sun Casino and Water World are only a 30-minute drive away.

Don't think of cost, think of Value!

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Key Property Features

7
Bathrooms
12
Bedrooms

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Interest at 7.25% for 20 years
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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

Similar Property for Sale in Margate

Hotel in Margate

R 2 000 000

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