ref # 1085

 ref # 1085

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R 4 800 000 (233 576 EUR*)

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± 2549 m2
± 2000m2

Guest House in Margate For Sale

Welcome my name is Steven, your South Coast real estate partner. Let's navigate property together. I'm devoted to transforming your aspirations into dwellings. Your dream is my mission. Let's make it real.
If you require Photos or any information regarding this property, Please feel free to contact me.

CALLING all Investors.

Nestled right on the beach, this share block complex, comprised of 10 fully occupied units, presents a rare investment opportunity that promises not just a property but a thriving source of passive income-all at the cost of a single-family home.

Boasting registered business rights, the complex encompasses 10 spacious 3 and 4 bedroom units, along with 15 parking bays, and a substantial front administration office.

Each of the 10 units is currently leased out, with content long-term tenants ensuring a secure and consistent monthly income stream for the property owners. While the complex may require a touch of maintenance, a simple rejuvenating coat of paint is all that's needed.

For the price of a typical residence, you can become the proud owner of 10 income-generating oceanfront units-an outstanding investment proposition. All lease agreements are firmly in place, and financial records will be shared with serious buyers.

Beyond the immediate acquisition of these oceanfront properties in Margate, the monthly rental income is set to appreciate annually, adding substantial value to your investment. Don't miss out on this excellent opportunity to own not just a piece of real estate, but a portfolio of income-generating assets with promising growth potential. Reach out to us for further details and secure your stake in this remarkable investment venture.

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