- 4
- 6
- 6
- 1 974 m2
Monthly Costs
Monthly Bond Repayment ZAR .
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Mun. Rates & Taxes: ZAR 2200.00
Property description
Prime Coastal Investment Opportunity – Renovation Potential in Margate
An exceptional opportunity for investors or renovators looking to add value in a sought-after coastal location. This large 4-bedroom, 6-bathroom property in Margate is set on an expansive 1,974 sqm erf, offering scale, flexibility, and significant upside with the right vision.
The home offers a solid footprint with two lounges, a dining room, and a functional kitchen, providing excellent bones for modernisation and reconfiguration. While the interiors are currently dated, the layout allows for easy upgrades to unlock substantial resale or rental potential.
With four bedrooms and six bathrooms — including four en-suite bathrooms and a guest toilet — the property is well suited to conversion into a guesthouse, holiday rental, or multi-generational residence. A separate flatlet further enhances income-generating possibilities.
Outdoor features include a swimming pool, patio with built-in braai, and large garden, all of which would benefit from refurbishment but offer strong appeal once upgraded. The balcony boasts scenic and sea views, adding to the property’s long-term value proposition.
Parking is a standout feature, with six garages and additional off-street parking, ideal for high-occupancy use, guests, or multiple tenants. The property is fully fenced, pet-friendly, and equipped with basic security features including an access gate, burglar bars, and security gates.
Positioned in Margate — a popular coastal destination with consistent holiday and rental demand — this property presents a rare chance to renovate, reposition, and capitalise in a well-located seaside market.
Investment Highlights:
• Large 1,974 sqm erf
• 4 Bedrooms, 6 Bathrooms (4 En-suite)
• Flatlet with income potential
• Ideal for renovation, resale, or rental conversion
• Pool, patio, braai & garden (value-add opportunities)
• Balcony with scenic & sea views
• 6 Garages + ample additional parking
• Strong coastal location with demand for holiday rentals
Bring your vision and unlock the value. Properties of this size and potential in Margate are increasingly hard to find.
Property Details
- 4 Bedrooms
- 6 Bathrooms
- 6 Garages
- 4 Ensuite
- 2 Lounges
- 1 Dining Area
- 1 Flatlet
Property Features
- Balcony
- Patio
- Pool
- Laundry
- Storage
- Pets Allowed
- Fence
- Access Gate
- Scenic View
- Sea View
- Kitchen
- Built In Braai
- Fire Place
- Guest Toilet
- Entrance Hall
- Garden
- Family TV Room
| Bedrooms | 4 |
| Bathrooms | 6 |
| Garages | 6 |
| Erf Size | 1 974 m2 |
