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9 Bedroom House For Sale in Margate

Margate, Durban
R 2350000
RunningCosts Bond
Costs
Property Type House
Erf Size 1010 m2
Levies R 0
Listing Date August 28, 2025
Floor Size NA
Rates and Taxes R 1325
Details
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Street view
Local info

Property description

This unique property offers more than just bricks and mortar—it’s a thriving lifestyle haven with built-in rental income and a strong sense of community. Nestled within walking distance of the beach, local shops, pubs, and restaurants, this coastal gem is ideal for investors or lifestyle buyers looking to continue a legacy of care and comfort.
Property Features:
• Main House: 4 spacious bedrooms all tenanted, 3 bathrooms 2 are en-suite, separate kitchen, lounge, and dining room—perfect for tenants to enjoy their meals together.
• Additional Flats: Two self-contained 2-bedroom, 2-bathroom flats ideal for extended family, guests, or further rental opportunities.
• Outdoor Living: Sparkling pool with adjacent braai shack—perfect for relaxed weekends and social gatherings.
* All 8 bedrooms which includes the flats are currently leased out on monthly agreements, with utilities and cooked meals included—providing consistent income and a warm, homely environment for tenants.
Extras:
• Established rental income stream
• Tenants feel safe, cared for, and part of a community
• Walking distance to the beach and vibrant local amenities
• Some areas of the property require upgrades, offering scope to add value and personalize
The current owner is moving on and hopes to pass the baton to someone who values the lifestyle and relationships built here. If you're looking for a property with heart, income potential, and room to grow—this is it.
Don’t miss this rare opportunity to invest in a property that offers both financial return and emotional reward.
Owner is NPO registered and new owner can take over as a going concern.

  • Pool
  • Flatlet
  • Freehold
  • Security Features
  • Sea View
  • Flooring: Parquet, Tiles
  • Fully Walled

Request property details from Tyson Properties Shelly Beach Office

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