11 Bedroom House For Sale in Margate

Property description

This house in Shelly Beach is a dream come true for any investor or property Developer.  The property have a main house consisting of 4 bedrooms with a seperate 1 bedroom flatlet .
There is a commune with 6 rooms for renting out with a communal dining room/ lounge and kitchen.  There are 2 ablution blocks with is
6 showers.
Added to this property is a lovely big swimming pool with views of the  ocean.
The minimum income with this property is R30 000 a month. But the house is rented out throughout the year and the income can therefore be much higher.
The property have 2 yoyo tanks one for the house and flat and one for the commune.
This residential property offers the possibility  to apply for commercial zoning due to fact that all the adjacent properties have all commercial status