16 Bedroom House in Margate

R 4 300 000

Susan Smith

Property Port

16 Bedroom House in Margate

R 4 300 000

Can I afford this?
16 Beds
3 Baths
Land Area 2023 m²

Income producing investment!

An income producing property comprising 26 rooms in total currently used as accommodation as required. Overnight accommodation or longer periods! Number of occupants per room can be changed as required. Possible re-development of land under current general residential zoning! Well located on the outskirts of the Margate CBD. Only one block to the beachfront and within easy walking distance to all other amenities!

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Key Property Features

16
Bedrooms
3
Bathrooms

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Interest at 10.5% 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

16 Bedroom House in Margate

R 4 300 000

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