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Margate · Guesthouse/B&B For Sale

Guesthouse/B&B For Sale in Margate

  • R 1,950,000
  • 2313 m²

Introducing a rare opportunity to acquire a thriving Bed & Breakfast nestled in the serene coastal town of Margate, KwaZulu-Natal.

This fully operational Mediterranean-styled Villa boasts breathtaking sea views and represents an exceptional income-generating investment.

Immaculately maintained, the property is offered for sale fully furnished, excluding only a few personal items. The main residence features 6 bedrooms, all equipped with flat-screen TVs, including 3 en suite bedrooms. Additionally, an upscale Executive Suite awaits upstairs, comprising a lounge, kitchenette, 2 bedrooms, His & Hers bathroom, a spacious walk-in dressing room, and a veranda providing unparalleled views of the sea.

The main living areas include separate lounges and a TV lounge, complemented by an undercover patio featuring a small cane bar with stunning sea views. A well-equipped kitchen and spacious dining room cater to the needs of guests.

Outdoors, a delightful swimming pool with a built-in braai offers a perfect setting for relaxation. The property also includes a modern Prefab home with a double bedroom and en-suite facilities, currently serving as the manager's residence. Four garages and additional parking for four vehicles enhance the convenience of the property.

Security is a priority, with the entire property enclosed by walls, automatic driveway gates, an intercom system, and an alarm.

Presently marketed on leading accommodation websites, this B&B has a loyal clientele.

While currently run on an informal and part-time basis, there is immense potential for increased revenue through strategic advertising and marketing efforts.

The property consists of 8 bedrooms, 5 bathrooms, 3 living areas, a spacious entrance hall, a study, and staff quarters.

The expansive stand size of ? 2313 m2 ensures ample space for guests to enjoy their stay. With rates and taxes at R 1,662.00, this property presents an enticing opportunity for those seeking both retirement and income generation.

Whether for a large family, a business venture, or those seeking to retire while still earning, this property is a versatile investment with great potential.

The efficient manager is willing to continue in their role, ensuring a seamless transition for the new owners.

Explore the possibilities and envision the future of this extraordinary Bed & Breakfast in the heart of Margate.

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Property Information & Features

Property Type
Guesthouse/B&B
Listing Type
For Sale
Location
Margate, KwaZulu Natal
Price
R 1,950,000 · Get Pre-Qualified
Price per m²
R 843
Floor Size
385 m²
Erf Size
2313 m²
Commercial Zoning
Yes
Security
Yes
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Map & Nearby

Exact location is provided after a viewing has been arranged with the listing agent.

Price Trends · Margate, Margate beta

Select filters to see average property values

Immo Africa
R395,000 immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.

The current average sales price for a studio in Margate on ImmoAfrica.net is R 395,000

Immo Africa
R10,128 immo · index

The current average sales price per square meter for a studio in Margate on ImmoAfrica.net is R 10,128

Immo Africa
R819,815 immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.

The current average sales price for a 2 bedroom property in Margate on ImmoAfrica.net is R 819,815

Immo Africa
R3,320 immo · index

The current average sales price per square meter for a 2 bedroom property in Margate on ImmoAfrica.net is R 3,320

Immo Africa
R7,275 immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.

The current average rental price for a 2 bedroom property in Margate on ImmoAfrica.net is R 7,275

Immo Africa
immo · index

Currently, there is not enough data to give you an estimated price. Please check back soon.

Immo Africa
R1,319,434 immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.

The current average sales price for a 3 bedroom property in Margate on ImmoAfrica.net is R 1,319,434

Immo Africa
R3,019 immo · index

The current average sales price per square meter for a 3 bedroom property in Margate on ImmoAfrica.net is R 3,019

Immo Africa
R10,611 immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.

The current average rental price for a 3 bedroom property in Margate on ImmoAfrica.net is R 10,611

Immo Africa
R35 immo · index

The current average rental price per square meter for a 3 bedroom property in Margate on ImmoAfrica.net is R 35

Immo Africa
R2,452,548 immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.

The current average sales price for a 4 bedroom property in Margate on ImmoAfrica.net is R 2,452,548

Immo Africa
R5,168 immo · index

The current average sales price per square meter for a 4 bedroom property in Margate on ImmoAfrica.net is R 5,168

Immo Africa
R19,000 immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.

The current average rental price for a 4 bedroom property in Margate on ImmoAfrica.net is R 19,000

Immo Africa
R151 immo · index

The current average rental price per square meter for a 4 bedroom property in Margate on ImmoAfrica.net is R 151

Immo Africa
R554,062 immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.

The current average sales price for a 1 bedroom property in Margate on ImmoAfrica.net is R 554,062

Immo Africa
R4,716 immo · index

The current average sales price per square meter for a 1 bedroom property in Margate on ImmoAfrica.net is R 4,716

Immo Africa
R3,765 immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.

The current average rental price for a 1 bedroom property in Margate on ImmoAfrica.net is R 3,765

Immo Africa
immo · index

Currently, there is not enough data to give you an estimated price. Please check back soon.

Immo Africa
R2,631,687 immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.

The current average sales price for a 5 bedroom property in Margate on ImmoAfrica.net is R 2,631,687

Immo Africa
R4,905 immo · index

The current average sales price per square meter for a 5 bedroom property in Margate on ImmoAfrica.net is R 4,905

Immo Africa
R10,930 immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.

The current average rental price for a 5 bedroom property in Margate on ImmoAfrica.net is R 10,930

Immo Africa
immo · index

Currently, there is not enough data to give you an estimated price. Please check back soon.

Immo Africa
immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.

Currently, there is not enough data to give you an estimated price. Please check back soon.

Immo Africa
immo · index

Currently, there is not enough data to give you an estimated price. Please check back soon.

Bedrooms Buy Rent
Studio R 395,000
1 Bed R 554,062 R 3,765
2 Bed R 819,815 R 7,275
3 Bed R 1,319,434 R 10,611
4 Bed R 2,452,548 R 19,000
5 Bed R 2,631,687 R 10,930
Bedrooms Buy Rent
Studio R 10,128
1 Bed R 4,716
2 Bed R 3,320
3 Bed R 3,019 R 35
4 Bed R 5,168 R 151
5 Bed R 4,905

Area Rating · Margate, Margate

Overall Area Rating

Very Good

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Guesthouse/B&B For Sale in Margate
R 1,950,000
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