FEATURED
Web Ref RL1343
R5,959,000
Monthly Bond Repayment R62,525.16
Calculated over 20 years at 11.25% with no deposit.
Change Assumptions
Calculate Affordability | Calculate Bond & Transfer Costs | Currency Converter
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!**
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
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
