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19 Bed Apartment in Margate

R 5 980 000

19 Beds

11 Baths

6 Garages

Can I afford this?

Land Area 2025 m² Rates R 2100

INVESTERS DREAMS 11 UNITS COMPLEX IN MARGATE

Calling all investors!!

In the heart of Margate. This property is offering you 11 units which 8 are 2 bedrooms and 1 bathroom, 3 x 1 bedroom and 1 bathroom, 9 units are fully tiled out and 2 units are wooden units, secure parking with 6 lockup garages, and 4 carports. Only one unit has no parking. These units are modernly built with build in cupboards, roof fans in each room and lounge to open plan kitchen. Units all have pre-paid electricity and water with a 10000liter JOJO tank set up with a pump connected to these spacious units.

A short drive or walking distance to all amenities and the main beach. This property does have a good income on a monthly basis on retail and few units are let out for vacationers.

To set up an appointment to view feel free to give me a call!