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R5,959,000 | 17 Bedroom Freehold For Sale in Margate

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R5,959,000

Monthly Bond Repayment R62,525.16
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Announcement to All Investors!!!

**Investment Opportunity Awaits!**

Unlock the potential of this exceptional property featuring 11 units, designed to generate a steady stream of income that can practically pay off the bond itself. Situated in a prime location with breathtaking sea views, these spacious units are perfect for both permanent residents and holiday rentals.

**Prime Location Highlights:**

- **Stunning Sea Views:** Enjoy panoramic ocean vistas from every unit.
- **Convenient Proximity:** Just a short stroll to Margate's main swimming beach and essential amenities, making it highly attractive to holidaymakers and potential long-term residents.
- **Versatile Units:** These spacious units cater to a variety of rental needs, ensuring high occupancy rates.

**Key Investment Benefits:**

- **Steady Income Stream:** With 11 units already occupied by tenants, this property offers immediate rental income.
- **Meticulously Maintained:** The property is in excellent condition, ensuring a seamless transition for new ownership.
- **High Demand Location:** Margate is a popular destination, enhancing the property's appeal and potential for rental income.

**Opportunity Not to Be Missed:**

The seller is streamlining their portfolio, making this a rare chance to acquire a lucrative investment property. Act quickly to capitalize on this income-generating gem. Arrange a viewing today and secure your future prosperity.

**Call now and make this solid investment yours!**

Features

17
11
6
Pets Allowed
No
Interior
Bedrooms
17
Bathrooms
11
Kitchen
11
Reception Rooms
11
Furnished
No
Exterior
Garages
6
Security
Yes
Parkings
5
Flatlet
11
Pool
No
Scenery/Views
Yes
Sizes
Land Size
2,023m²
Extras Balcony ; Built-in Wardrobes ; Covered Parking ; Pets Allowed ; Private Garden ; View of Water ; Driveway ; Electric Gate ; Open Plan ; Patio ; Paveway ; Tiled Floors ; Totally Walled ; Wooden Floors
Mariana Hartslief
Mariana Hartslief
Principal Property Practitioner Show number View my listings WhatsApp
Barry Smit
Barry Smit
Non-Principal Property Practitioner Show number View my listings WhatsApp
1
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