R 2 280 000
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16 Bedroom House in Margate

16 10 18 2 175 m²

FANTASTIC INVESTMENT PROPERTY

This exceptional pet-friendly property presents a rare opportunity for investors seeking a substantial income-generating asset in a peaceful and well-established area of Margate. Ideally situated just a short drive from the beach, shopping centres, and other essential amenities, the property offers both convenience and strong rental appeal. The development consists of a spacious three-bedroom main house together with eight self-contained flatsflatlets, comprising five two-bedroom units and three bachelor flats. In total, the property boasts 16 bedrooms, 10 bathrooms, 3 garages, 15 parking bays, and 2 storerooms, providing ample accommodation and excellent rental potential. Practical features such as prepaid electricity, gas geysers, and stoves in all the flats help keep utility costs manageable for tenants while enhancing the property''s attractiveness as a rental investment.

The main residence has been tastefully renovated and offers comfortable family living with quality finishes throughout. The attractive kitchen features beautiful Cherrywood cabinetry, an electric oven, and a gas hob, creating a warm and functional space for everyday living. The lounge enjoys stunning elevated views, where an abundance of birdlife and natural surroundings create a tranquil atmosphere that is sure to impress. A JoJo water tank connected to all units adds valuable water security, further enhancing the property''s appeal. While some minor maintenance and tender loving care could unlock its full potential, the foundations are already in place for this property to become a highly rewarding investment with multiple income streams. Opportunities of this size and versatility are seldom available, making this an excellent choice for both seasoned investors and those looking to expand their property portfolio.

Contact me today to arrange an exclusive viewing and experience the potential of this remarkable property firsthand

Property details

  • Listing number T5510281
  • Property type House
  • Listing date 4 Jun 2026
  • Land size 2 175 m²
  • Rates and taxes R 2 200

Property features

  • Bedrooms 16
  • Bathrooms 10
  • Lounges 3
  • Dining areas 1
  • Garage parking 3
  • Open parking 15
  • Flatlets
  • Pet friendly
  • Access gate
  • Balcony
  • Security post
  • Study
  • Garden
  • Electric fencing

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