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7 Bedroom House For Sale in Margate

Margate, Hibiscus Coast
R 3100000
RunningCosts Bond
Costs
Property Type House
Erf Size 1007 m2
Levies R 0
Listing Date April 02, 2024
Floor Size NA
Rates and Taxes R 1600
Details
Map
Street view
Local info

Property description

Welcome to this income-generating property nestled in the picturesque coastal town of St. Mikes Uvongo, offering breathtaking sea views and endless investment potential. Situated on a spacious stand, this property comprises two double-story houses designed to optimize monthly income through rental opportunities.

House 1 features two flats, each thoughtfully designed for comfort and convenience. The upstairs flat (Flat #1) boasts a well-appointed kitchen equipped with a stove and ample cupboard storage, complemented by a spacious open-plan lounge and dining area that extends to a covered patio, providing a perfect vantage point for enjoying the stunning sea vistas. Two bedrooms with built-in closets offer serene retreats, while a full bathroom ensures utmost comfort. Downstairs, Flat #2 offers similar amenities, including a gated backdoor area and provisions for a washing machine, providing a seamless living experience.

House 2 continues the theme of practicality and charm with two additional flats. Upstairs, Flat #3 exudes elegance with its granite-topped kitchen and sliding wood doors leading to a covered patio overlooking the ocean. Two bedrooms with built-in cupboards offer tranquil spaces, while a well-appointed bathroom caters to daily needs. Downstairs, Flat #4 presents a cozy retreat with an open-plan kitchenette, a separate bedroom, and a convenient en-suite bathroom, fenced off for the comfort of furry companions.

Beyond the comfortable living spaces, the property boasts an automated gate entrance, a double garage, and ample parking for at least ten vehicles, ensuring convenience and security for residents and guests alike. Additionally, pre-paid electricity meters and fiber-optic connectivity offer modern amenities tailored to contemporary lifestyles.

Whether you're seeking a fixer-upper holiday home or a savvy investment opportunity, this property promises endless possibilities. Don't miss your chance to own a slice of coastal paradise with this versatile and income-generating gem. Schedule your viewing today and seize the opportunity to make this property your own.

  • Store Room
  • Patio
  • Freehold
  • Security Features
  • Sea View
  • Pets Allowed
  • Flooring: Tiles
  • Walling: Fully Walled

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