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18 Bedroom House For Sale in Margate

Margate, Hibiscus Coast
R 5375000
RunningCosts Bond
Costs
Property Type House
Erf Size 2023 m2
Levies R 0
Listing Date April 11, 2023
Floor Size NA
Rates and Taxes R 1800
Details
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Street view
Local info

Property description

Property is still one of the best investments and this is an excellent opportunity to earn a very attractive rental income from the 11 units this property has to offer.
What this property has to offer:
~ 11 Income generated units… 7 x 2 Bedrooms and 4 x 1 Bedrooms (currently all have tenants)
~ 2 Store rooms
~ Staff room
~ Braai area,
~ 6 lock up garages
~ 2 carports
~ 2 x 10 000 litre water tanks that are connected to each unit,
~ Prepaid electricity and individual water meters… PLUS a Seaview like no other!
If you are not ready to retire… the opportunity to invest in this property is your answer and it is located close to all amenities in, shops, restaurants, hospitals, and walking distance to Margate main beach.

  • Staff Accommodation
  • Store Room
  • Freehold
  • Security Features
  • Sea View
  • Laundry
  • Flooring: Tiles

Request property details from Tyson Properties Shelly Beach Office

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