2 Bedroom House in Margate

R 4 373 000

Frans Nortje

Rawson Property Group-Hibiscus Coast Uvongo

2 Bedroom House in Margate

R 4 373 000

Can I afford this?
2 Beds
2 Baths
2 Garages
Floor Area 312 m²
Land Area 1143 m²
Rates R 1082

This is the sister property and is sold together with 35 Marine Drive.

Two distinctive classic houses set the scene in the Main road and in now offered as one property. This well established South Coast Property Margate Restoffers a perfect blend of the following:

* Within walking distance to Manaba and Margate beach, restaurants, shops and CBD

* Year round business with seasonal options

* Lodging choices to suite today's travellers from contemporary to classic.

* Financially viable business and great lifestyle for innkeepers.

* On-suite accommodation for owner.

* Permitted for expansion and can apply for business tights at Ray Nkonyeni Municipality

* Both stands have flat rights for development of 15 flats. Sea views from the 3rd floor. Top floor with three penthouses.

Do not miss out on this excellent investment.

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Key Property Features

2
Bedrooms
2
Bathrooms
4
Covered Parkings
1
Dining Areas
2
Garages
1
Lounges
1
Storeys
Air Con
Alarm
Entrance Hall
Family Tv Room
Garden
Kitchen
Lapa
Pantry
Pets Allowed
Storage

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Frans Nortje

Frans

Nortje

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Monthly Repayment

Loan Value (Capital) R 0
Total Interest R 0
Total Repayment R 0
Interest at 10.25% 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.

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Nicolette Gouws Attorneys

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 4 373 000

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