Margate · House For Sale
18 Bedroom House For Sale in Margate
- R 5,375,000
- 18 bd
- 11 ba
- 2023 m²
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.
Property Information & Features
- Property Type
- House
- Listing Type
- For Sale
- Location
- Margate, KwaZulu Natal
- Price
- R 5,375,000 · Get Pre-Qualified
- Price per m²
- R 2,657
- Erf Size
- 2023 m²
- Bedrooms
- 18
- Bathrooms
- 11
- Garages
- 6
- Residential Zoning
- Yes
- Security
- Yes
- Staff Quarters
- Yes
Map & Nearby
Price Trends · Margate, Margate beta
Select filters to see average property values
The current average sales price for a studio in Margate on ImmoAfrica.net is R 395,000
The current average sales price for a 2 bedroom property in Margate on ImmoAfrica.net is R 819,529
The current average rental price for a 2 bedroom property in Margate on ImmoAfrica.net is R 7,321
The current average sales price for a 3 bedroom property in Margate on ImmoAfrica.net is R 1,324,965
The current average rental price for a 3 bedroom property in Margate on ImmoAfrica.net is R 11,009
The current average sales price for a 4 bedroom property in Margate on ImmoAfrica.net is R 2,452,548
The current average rental price for a 4 bedroom property in Margate on ImmoAfrica.net is R 19,000
The current average sales price for a 1 bedroom property in Margate on ImmoAfrica.net is R 554,062
The current average rental price for a 1 bedroom property in Margate on ImmoAfrica.net is R 3,765
The current average sales price for a 5 bedroom property in Margate on ImmoAfrica.net is R 2,631,687
The current average rental price for a 5 bedroom property in Margate on ImmoAfrica.net is R 10,930
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 819,529 | R 7,321 |
3 Bed | R 1,324,965 | R 11,009 |
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 3,394 | |
3 Bed | R 3,008 | R 39 |
4 Bed | R 5,168 | R 151 |
5 Bed | R 4,905 |