25 Bedroom House in Margate

R 2 700 000

Pam de Heer

Property Port

25 Bedroom House in Margate

R 2 700 000

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

Drastically Reduced for a Quick Sale! Great Investment Opportunity!

The price has been cut by almost half for a quick sale! This income producing property with loads of parking space is well located in Margate only 1 block away from the beachfront and within easy walking distance to all other amenities! This well established and well run business of more than twenty years with a high occupancy rate is being sold as a going concern let out as overnight accommodation or longer periods! Number of occupants per room can be changed as required. Some rooms have TV's and there are communal kitchens, bathrooms and braai areas! Phone now to make an appointment to view!

Bedroom 1

Self catering accommodation with communal kitchen and ablutions. 4 rooms sleeping 4, 9 rooms sleeping 2 and 3 rooms sleeping 1 - 16 rooms in all.

- Carpets

- Wooden Floors

- Curtain Rails

Bathroom 1

Communal bathroom with 2 toilets.

- Tiled Floors

- Basin (Separate)

- Common Toilet

- Bath

Bathroom 2

Communal bathroom.

- Tiled Floors

- Full

Bathroom 3

Communal bathroom.

- Tiled Floors

- Full

Kitchen 1

Communal kitchen with allocated cupboard space for each room, 4 gas stoves - 2 burners each, fridges and microwaves,

- Fridge

- Tiled Floors

Outbulding 1

2 x four sleeper flat, 1 x 3 sleeper flat and 7 x 2 sleeper flat. All flatlets have a shower, basin and toilet as well as kitchenette with small fridge, microwave, basin and cupboard.

1 Staff bedroom, laundry and storeroom.

- Flatlet

- Storeroom

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Key Property Features

25
Bedrooms
3
Bathrooms
Study

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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

25 Bedroom House in Margate

R 2 700 000

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