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Wonderful Property with Huge Earning Potential

House, Buy | South Africa, KwaZulu-Natal, KZN South Coast, Margate
1,950,000 ZAR
Approx. 148,156 USD
Square Footage-Icon
3,229.17 sqft
Square Footage
Lot Size-Icon
23,691.37 sqft
Lot Size
1,950,000 ZAR
Approx. 148,156 USD

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What you should know about this house

Amenities and special features of this house

This property is situated just off Marine Drive in Margate. Beautiful sea views plus amazing views of Margate can be enjoyed from this property and it is only a 500m walk to the Blue Flag Lucien Beach and 1.5km to Margate beach front. The property has 4 separate units and can be run as self catering, a bed and breakfast or it could be converted back to a 3 bedroom 3 bathroom house with a cottage and flat. The accommodation is made up as follows - the main house comprises of 1 bedroom en suite, large open plan lounge and dining room with a separate kitchen in which one can prepare gourmet meals and breakfasts for family or guests, a separate scullery and laundry plus an extra good size dining room in which to serve your guests. There is a 1 bedroom cabin next to the main house which has a separate bedroom, a large bathroom, open plan lounge and dining room with kitchenette that opens out onto the deck, this cabin can sleep 4. The pool hut also sleeps 4 and comprises of 1 bedroom open plan lounge, dining room, kitchenette and opens out onto the pool area. The bachelor flat is below the main house, it sleeps 2 and has an open plan bedroom, lounge and kitchenette. Then there is a 2 bedroom cottage which has its own garden and separate entrance from the road plus a single lock garage, this could be let out for either holiday or permanent letting. One can laze on the sundeck around the pool after a day on the beach and enjoy a braai. There is an extra large double garage and lots of extra parking bays. At the bottom of the garden is an Aviary with electricity. A bore hole and JoJo tank supplies the property with its own water. The garden is fully lit up at night and the property is alarmed. Each unit is wired for DSTV. Servants toilet and shower.

Contact your personal advisor
Engel & Völkers KZN South Coast
  • Trakprops 1006 CC
  • License partner of Engel & Völkers Southern Africa (Pty) Ltd
  • Barbara Jackson
  • Shop 6, Ramsgate Boulevard, Bond Street, Ramsgate, Margate
  • 4275 KZN South Coast · South Africa
  • Phone: +27 39 314 4642
  • Cell: 076 901 7397

Commission Details

Agent's Professional Fee is included in the price advertised.

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