R5,750,000
Apartment complex for Sale in Margate
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.
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Investor's Delight in Margate!
Nestled in the heart of Margate, this property presents a golden opportunity for investors! Featuring 11 units, including 8 cozy 2-bedroom, 1-bathroom units and 3 stylish 1-bedroom, 1-bathroom units, this investment promises both comfort and versatility. Nine of the units boast elegant tiling, while two flaunt charming wooden finishes.
Secure your investment with ample parking, including 6 lockup garages and 4 carports. Only one unit lacks parking, ensuring convenience for your tenants. These well-crafted units are adorned with built-in cupboards, roof fans in every room, and a seamless open-plan layout from lounge to kitchen.
Enjoy the benefits of pre-paid electricity and water for all units, coupled with a smart 10000-liter JOJO tank equipped with a pump to serve these spacious dwellings. Rest easy knowing that security is a top priority, with 24-hour armed reaction on-site.
Convenience meets lifestyle with a short drive or walk to all amenities and the pristine main beach. Not only is this property a lucrative retail space, but it also accommodates vacationers, ensuring a steady and diversified income stream.
Don't miss out on this lucrative investment opportunity! Call me today to schedule a viewing and witness the potential first-hand.
Features
Interior
Bedrooms
19
Bathrooms
11
Kitchens
11
Reception Rooms
22
Exterior
Garages
6
Carports / Parkings
4
Security
Yes
Flatlet
11
Sizes
Land Size
2,025m²
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